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Lakshmidevamma

#ambitious#achiever
Lakshmidevamma needs credit to purchase a cow and some fodder.

Agripreneur

Chikkaballapur, Karnataka

30,000 has been disbursed

364 potential days of livelihood i

27,500 is the current outstanding balance

100 0 0 2500 0 0

100%

0%

0%


Lakshmidevamma is from Chikkaballapur, Karnataka. She lives with her family of six and contributes significantly to the family income through farming and animal husbandry business. She is new to animal husbandry and wishes to expand it by purchasing a cow to her farm. She needs credit for the same and also to buy some fodder for the animals. The loan would support her in having an additional income and secure her family members in this pandemic situation. Invest in Lakshmidevamma today!

I wish to give a good future for my children.

About Lakshmidevamma 's livelihood

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

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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