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Lakshman

M

logoAgripreneur

logo puthukkotai, Tamil Nadu

logo 20,000 has been disbursed

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

b-img b-img b-img

Lakshman

M

#Hardworking #dedicated
Fund Lakshman's goat purchase so he can bring his dairy business to life.

logoAgripreneur

logo puthukkotai, Tamil Nadu

logo 20,000 has been disbursed

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

10,561.78 is
the current outstanding balance

47.19 36.14 16.67 9438 3333 7228

47%

17%

36%


Lakshman's twenty years in the animal husbandry business has him chasing his dreams. The humble father wants to purchase some goats with the help of credit so he can support his big family. His dream is to start an independent dairy business where he can sell her milk produce, draw in more customers and then increase his monthly income. He hopes the additional income will ease the financial burden on his family, who have been working tirelessly to make ends meet. Lend a helping hand to Lakshman today.

Big house

About Lakshman M's livelihood

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

20,000

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