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Narasimhamurthy

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

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Narasimhamurthy

#ambitious#breadwinner
Help Narasimhamurthy purchase sheep for his farm.

Agripreneur

Karnataka

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Narasimhamurthy

Narasimhamurthy is a responsible and a successful farmer. The recent times have been tough for him and has been fighting the challenges with a bright smile on his face. Animal husbandry along with farming, has been the source of income for his family for ten years now. At the moment, he needs credit to purchase a herd of sheep and feed for them. Invest in Narasimhamurthy today so that he can secure a bright future for his family.

About Narasimhamurthy 's livelihood

Narasimhamurthy is an agripreneur who works 8 hours a day for 7 days a week. With this loan Narasimhamurthy will potentially obtain employment for 364 days.

Interest Rate

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI

Investee
occupation

Animal husbandry

Investee Credit Rating:
Good

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