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Gurunanjayya

Agripreneur

Gulbarga, Karnataka

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gurunanjayya

#dedicated#courageous
Enable Gurunanjayya expand his farm and enhance his income.

Agripreneur

Karnataka

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Gurunanjayya

Gurunanjayya belongs to Gulbarga district of Karnataka. He has been running his animal husbandry business for over sixteen years to look after his family of seven. With the help of some credit, he hopes to expand his business. He will use the credit to purchase quality fodder for his animals and pay for the laborers in maintaining his farm. He hopes for an increase in income through this expansion and to be able to build a new house in the future. Invest in Gurunanjayya today for his secure future!

About Gurunanjayya 's livelihood

Gurunanjayya is an agripreneur who works 8 hours a day for 6 days a week. With this loan Gurunanjayya will potentially obtain employment for 312 days.

Interest Rate

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