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Narayanaswamy

Agripreneur

chikkaballapura, Karnataka

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Narayanaswamy

#provider#resilient
Narayanaswamy wishes to substitute his income by rearing sheep.

Agripreneur

Karnataka

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Narayanaswamy

Narayanaswamy has been farming and working on his animal husbandry business for the last nine years. This year, he plans to take his business, a step towards success. To substitute his income from farming, Narayanaswamy wishes to rear sheep. He plans to use the credit to purchase the sheep and fodder for nurturing the cattle. Hailing from Chikkaballapura, Karnataka, his income from the business, helps him sustain his family of three. The expansion of his business will help him provide better for his family. Invest in Narayanaswamy today.

About Narayanaswamy 's livelihood

Narayanaswamy is an agripreneur who works 7 hours a day for 7 days a week. With this loan Narayanaswamy will potentially obtain employment for 318 days.

Interest Rate

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