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Lakshminarasamma

Agripreneur

Chikkaballapura, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Lakshminarasamma

#provider#resilient
Lakshminarasamma needs credit to buy a cow to expand her dairy business.

Agripreneur

Karnataka

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Lakshminarasamma

Lakshminarasamma lives in Chikkaballapura, Karnataka with her family of four where she runs a successful animal husbandry business of twelve years. She contributes significantly to the family income through her business. She wishes to expand it and needs credit for the same. She will utilize the loan to buy a cow and make arrangements for feeding it properly. With this, she can expand her dairy business also. The additional income would help her secure her family's health in this pandemic situation. Invest in Lakshminarasamma today!

About Lakshminarasamma 's livelihood

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

Investee Credit Rating:
Adequate

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