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Lakshaminarashimhappa

#positive#growth
Fund Lakshaminarashimhappa's sheep purchase.

Agripreneur

Chikkaballapur, Karnataka

20,000 has been disbursed

273 potential days of livelihood i

13,660 is the current outstanding balance

63.4 0 36.6 6340 3660 0

63%

37%

0%


Lakshaminarashimhappa is a cattle rearer from Chikkaballapur, Karnataka. He has over fifteen years of experience in the farming industry. He wishes to now try his hand at animal husbandry. He wishes to purchase sheep and rear them until the festive season. He will then sell the sheep off for meat. This investment in his business will help bring higher returns as well help Lakshaminarashimhappa provide better opportunities for his family of four.

I wish to build a big house for my family.

About Lakshaminarashimhappa 's livelihood

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

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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 i

Investee
occupation

Animal husbandry

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Vrutti

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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