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L G

Lakshme Nayak

logoAgripreneur

logo Chikkaballapur, Karnataka

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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L G

Lakshme Nayak

#dedicated# rolemodel
Lakshme Nayak wishes to add a cow to his dairy unit

logoAgripreneur

logo Chikkaballapur, Karnataka

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000 loan is fully repaid

30,000 loan is fully repaid


Lakshme Nayak resides in Chikkaballapura District of Karnataka. Being the sole breadwinner of his family of three, he toils hard at his animal husbandry unit to make ends meet. With over twenty years of experience in animal husbandry, he aspires to expand his animal husbandry business. At present, Lakshme needs some credit to purchase some cows, and feed for them and meet the expenses of building a shed. The loan amount will also be utilized to cover the transportation and other miscellaneous expenses. Invest in Lakshme Nayak today and help him secure the future of his family.

I wish to build a house for my family.

About L G Lakshme Nayak's livelihood

L G is an agripreneur who works 8 hours a day for 7 days a week. With this loan L G 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 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

30,000

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