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Venkataravanamma

Agripreneur

Chikkaballapur, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Venkataravanamma

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Help Venkataravanamma provide a good education for her children by boosting cultivation.

Agripreneur

Karnataka

273 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Venkataravanamma

Venkataravanamma is from Chikkaballapur, Karnataka and lives with her family of five. She brings with her an experience of five years in farming and continue to do the same despite the pandemic. But this situation has made it hard for her to arrange credit to procure resources for the upcoming season. She needs credit to buy seeds and fertilizers and make all other arrangements for the new season. The loan would allow her to have a good farming year and provide for her family better. Invest in Venkataravanamma today!

About Venkataravanamma 's livelihood

Venkataravanamma is an agripreneur who works 6 hours a day for 7 days a week. With this loan Venkataravanamma will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Venkataravanamma has consented to pay the interest as below:

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Vrutti
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS