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Chikka Narasimhappa

logoAgripreneur

logo Chikkaballapur, Karnataka

logo 30,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Chikka Narasimhappa

#courageous#go-getter
Support Chikka Narasimhappa to purchase a cow and earn better.

logoAgripreneur

logo Chikkaballapur, Karnataka

logo 30,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

2,495.92 is
the current outstanding balance

100 0 0 27504 0 0

100%

0%

0%


Chikka Narasimhappa belongs to Chikkaballapur district of Karnataka. He has been running his animal husbandry business for over five years to look after his family of three. With the help of some credit, he hopes to purchase a cow and cattle fodder as part of expanding his business. He hopes for an increase in income to be able to build a new house in the future. Invest in Chikka Narasimhappa today for his better life!

I wish to build a big house for my family.

About Chikka Narasimhappa 's livelihood

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

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% 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 Equated Monthly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0