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Narasimhamurthy

#believer#achiever
Narasimhamurthy wishes to grow his animal husbandry business.

Agripreneur

Chikkabalapura, Karnataka

30,000 has been disbursed

273 potential days of livelihood i

17,500 is the current outstanding balance

71.43 0 28.57 12500 5000 0

71%

29%

0%


Narasimhamurthy's nine years in the animal husbandry business has him chasing his dreams. He is also a farmer and wishes to focus on his cattle until the sowing season. He wants to make a cow purchase with the help of credit so he can support his small family. His dream is to start an independent dairy business where he can sell his milk produce, draw in more customers and then increase his monthly income. He hopes the additional income will ease the financial burden on his family. Lend a helping hand to Narasimhamurthy today.

I wish to purchase a motorcycle.

About Narasimhamurthy 's livelihood

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Vrutti

Established in

2020

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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