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Laxmi

Agripreneur

Kalburgi, Karnataka

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Laxmi

#determined#courageous
Let Laxmi enhance her income by expanding her animal husbandry business.

Agripreneur

Karnataka

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Laxmi

Laxmi is very experienced in animal husbandry. She has been running it for over sixteen years to provide for her family of six. Now, with some financial support from Rang De, Laxmi wishes to expand her business to earn better. She will use the credit to invest in better quality cattle fodder and pay for the labour for the maintenance of her farm. With this expansion, she hopes to overcome her financial struggles caused by the pandemic. Support Laxmi now!

About Laxmi 's livelihood

Laxmi is an agripreneur who works 8 hours a day for 6 days a week. With this loan Laxmi will potentially obtain employment for 312 days.

Interest Rate

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

30,000

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