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Nagaraju M N

#motivated# dedicated# ambitious
Nagaraju wishes to purchase sheep for his farm.

Agripreneur

chikkaballapura, Karnataka

20,000 has been disbursed

273 potential days of livelihood i

11,825 is the current outstanding balance

81.75 0 18.25 8175 1825 0

82%

18%

0%


Nagaraju is a successful farmer who has progressively expanded his business to support his family living in Chikkaballapura, Karnataka. He has also been into the animal husbandry business for over twenty years now, which speaks for his expertise. He wishes to bring his business back on track after the pandemic and needs credit to purchase a herd of sheep for his farm and feed for them. He wants to increase his income so that he can provide good education to his children. Support Nagaraju's plans for success.

I want to provide good education to my children.

About Nagaraju M N's livelihood

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