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Lakshminarasamma

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

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Lakshminarasamma

#provider#resilient
Lakshminarasamma needs credit to purchase a sheep and fodder for her farm.

Agripreneur

Karnataka

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Lakshminarasamma

Lakshminarasamma lives in Chikkaballapur, Karnataka where she runs a successful animal husbandry business of five years. She is a dedicated mother who wishes to earn extra income to invest in her son's education. She needs to buy a sheep and fodder for her farm. She will make some profit out of selling the sheep in the market for meat and this would help her provide for her family well. Invest in Lakshminarasamma today!

About Lakshminarasamma 's livelihood

Lakshminarasamma is an agripreneur who works 8 hours a day for 7 days a week. With this loan Lakshminarasamma will potentially obtain employment for 364 days.

Interest Rate

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

EQI

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