Veeresh resides in Gulbarga district of Karnataka. Being the sole breadwinner of his family of three, Veeresh toils hard at his animal husbandry to make ends meet. With over two years of experience in animal husbandry, he aspires to expand it now and needs credit for the same. He would use the credit to purchase a cow and meet other expenses of his business. Invest in Veeresh today.
Veeresh is an agripreneur who works 8 hours a day for 6 days a week. With this loan Veeresh will potentially obtain employment for 312 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Veeresh Gurushantappa has consented to pay the interest as below:
Investee
pays
10.00% flat p.a.
18.00% APR
Social
Investor
4.00%
7.20% APR
Platform
charges
6.00%
10.80% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 30,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Animal husbandry
Established in
2002
With Rang De from
2020
Founded by
Raghunathan Narayanan
Vrutti is a centre for sustainable livelihoods enhancing people’s well-being through knowledge, innovation and transformative actions. They work through an ecosystem approach integrating and delivering services that empower small producers and marginalized grow their way out of poverty and uncertainty and to be 3 times more profitable.
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