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Lakshman

M

Agripreneur

puthukkotai, Tamil Nadu

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Lakshman

M

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

Agripreneur

Tamil Nadu

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Lakshman

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.

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.

Interest Rate

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

20,000

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