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Nagappa

#believer#strength
Help Nagappa do cultivation and purchase more land in the future.

Agripreneur

Yadagir, Karnataka

10,000 has been disbursed

312 potential days of livelihood i

10,000 is the current outstanding balance


Framing for over twelve years, Nagappa is determined to cultivate his land despite the current pandemic also. Being the breadwinner of his family of four, Nagappa works extremely hard to meet the everyday expenses of his family. He requires some credit to invest and purchase agri inputs for the upcoming cultivation season. This loan will also equip him to pay for the labour. Invest in Nagappa today for a better season.

I wish to purchase more agricultural land.

About Nagappa 's livelihood

Nagappa is an agripreneur who works 8 hours a day for 6 days a week. With this loan Nagappa will potentially obtain employment for 312 days.

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

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

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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