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Lakshmi Devamma

#achiever#growth
Lakshmi needs to purchase some sheep and feed to expand her business.

Agripreneur

Chikkaballapura, Karnataka

20,000 has been disbursed

273 potential days of livelihood i

15,000 is the current outstanding balance

100 0 0 5000 0 0

100%

0%

0%


Lakshmi is from Chikkaballapur, Karnataka, and has been into animal husbandry for over twelve years. She has the responsibility of providing for a family of six members. With the help of some credit, she can expand her business and work towards securing a future for her family. She plans to purchase a sheep and fodder for it. She earns the living by selling the sheep for meat once it is ready. Invest in Lakshmi today as she needs to support her family!

I wish to give a good future for my children.

About Lakshmi Devamma's livelihood

Lakshmi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Lakshmi 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

 

A

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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