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Lakshminarayana

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

Agripreneur

Chikkaballapura, Karnataka

30,000 has been disbursed

273 potential days of livelihood i

27,500 is the current outstanding balance

100 0 0 2500 0 0

100%

0%

0%


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.

I wish to build a house of my own for my family.

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.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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 i

Investee
occupation

Animal husbandry

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Vrutti

Established in

2020

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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