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Venkatanarayana

Uthappa

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

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Venkatanarayana

Uthappa

#provider#resilient
Venkatanarayana needs credit to buy a cow for his farm.

Agripreneur

Karnataka

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Venkatanarayana

Venkatanarayana lives in Chikkaballapur, Karnataka with his family of five. He has been doing animal husbandry for over ten years. He works with his wife and wants to expand his business. He needs credit to buy a cow and make arrangements of feeding it properly. This loan would support her in taking care of his family and grow professionally. Invest in Venkatanarayana to support his family and work!

About Venkatanarayana Uthappa's livelihood

Venkatanarayana is an agripreneur who works 8 hours a day for 7 days a week. With this loan Venkatanarayana 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. Venkatanarayana Uthappa 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

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