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Narasimhamurthy

N

Agripreneur

Chikkaballapur, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Narasimhamurthy

N

#passionate#hustler
Help Narasimhamurthy provide a good education for his children by boosting cultivation.

Agripreneur

Karnataka

273 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Narasimhamurthy

Narasimhamurthy is an experienced farmer. He has toiled on his farm for eight years. He lives with a family of four and agriculture brings in the income to sustain. There are times when the going gets tough but he never backs down. Due to a disruption in the supply chain, Narasimhamurthy finds it difficult to get essential supplies for beginning the new season. With this loan, he will be able to buy quality seeds and fertilizers and it also will support his family through this crisis. Invest in him and help him tide through these trying times.

About Narasimhamurthy N'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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Narasimhamurthy N has consented to pay the interest as below:

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

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

Investee
occupation

Farming

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