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Narasimhappa

#achiever#believer
Narasimhappa needs credit to buy a cow.

Agripreneur

Chikkaballapur, Karnataka

30,000 has been disbursed

409 potential days of livelihood i

15,000 is the current outstanding balance

100 0 0 15000 0 0

100%

0%

0%


Narasimhappa lives in Chikkaballapur, Karnataka with his wife and a herd of sheep. Animal husbandry has been the source of income for his family for five years and he wants to add another member to his family. He needs a loan to buy a cow for his farm. He hopes to earn additional income that would help him build a house of his own. Invest in Narasimhappa today so that he can bring improvements in his life.

I want to build a house for my family.

About Narasimhappa 's livelihood

Narasimhappa is an agripreneur who works 9 hours a day for 7 days a week. With this loan Narasimhappa will potentially obtain employment for 409 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

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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