Vijayalaxmi lives with her family of five in Kalaburagi, Karnataka. Agriculture is the main source of income for the family. But the current pandemic made it difficult for her to arrange credit for the new season. She needs a loan to purchase quality inputs and make other arrangements to continue farming. This money will also enable her to look after the harvesting expenses. Invest in Vijayalaxmi today!
Vijayalaxmi is an agripreneur who works 8 hours a day for 6 days a week. With this loan Vijayalaxmi 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. Vijayalaxmi Belsure 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 5,000
Loan
tenure
8 months
Moratorium
None
Repayment
mode
Flexible repayments
Investee
occupation
Farming
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.
Share Vijayalaxmi's profile
Invite your family and friends to view Vijayalaxmi's profile on Rang De
