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Narasing

#courageous#believer
Invest in Narasing for a good season and explore better farming opportunities.

Agripreneur

Gulbarga, Karnataka

10,000 has been disbursed

364 potential days of livelihood i

10,000 is the current outstanding balance


Narasing is a marginal farmer who belongs to Gulbarga district of Karnataka. Being the sole breadwinner, Narasing works extremely hard in order to meet the everyday expenses of his family of four. He hopes to get some credit to purchase agri inputs for timely cultivation of his land in the new season. This will help him improve the harvest and provide a better life to his family. Help Narasing today for his better life!

I wish to build a big house for my family.

About Narasing 's livelihood

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

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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