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Venkatareddy

Chinnanarayanappa

Agripreneur

chikkaballapura, Karnataka

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Venkatareddy

Chinnanarayanappa

#positive#courageous
Venkatareddy wishes to setup his animal husbandry business.

Agripreneur

Karnataka

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Venkatareddy

Meet Venkatareddy, a hard-working man living in Chikkaballapura, Karnataka. Venkatareddy has been working as a farmer for the last twenty years, supporting his family of five. He’s now looking to take a step forward with the support of a loan. His plan is to start an animal husbandry business. Venkatareddy hopes that through the sales of sheep during the festival season, he will be able to increase his income, support his big family and also kick start a small but successful business. Invest in Venkatareddy to see his progress.

About Venkatareddy Chinnanarayanappa's livelihood

Venkatareddy is an agripreneur who works 7 hours a day for 7 days a week. With this loan Venkatareddy will potentially obtain employment for 318 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Venkatareddy Chinnanarayanappa 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

Loan Details

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI

Investee
occupation

Animal husbandry

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