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Lakshminarasamma

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

Agripreneur

Chikkaballapura, Karnataka

30,000 has been disbursed

273 potential days of livelihood i

22,500 is the current outstanding balance

100 0 0 7500 0 0

100%

0%

0%


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!

I wish to give a good education to my children.

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.

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI 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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