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Lakshminarayana

Agripreneur

Chikkaballapura, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Lakshminarayana

#ambitious# hardworking
Lakshminarayana needs to purchase a cow and some feed.

Agripreneur

Karnataka

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Lakshminarayana

Lakshminarayana is a resident of the Chikkaballapura district of Karnataka. Life is hard but he is motivated to expand his business and provide a quality life to his family. He also dreams to build a home in the future. Therefore, with the help of some credit, he will be able to purchase a cow and some feed. Invest in Lakshminarayan today and help him get closer to fulfilling his dreams.

About Lakshminarayana 's livelihood

Lakshminarayana is an agripreneur who works 6 hours a day for 7 days a week. With this loan Lakshminarayana will potentially obtain employment for 273 days.

Interest Rate

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