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Mahalingayya Nagayya

#ambitious#courageous
Help Mahalingayya expand his animal husbandry business and open a dairy unit.

Agripreneur

Kalaburagi, Karnataka

30,000 has been disbursed

312 potential days of livelihood i

25,000 is the current outstanding balance

100 0 0 5000 0 0

100%

0%

0%


Mahalingayya is a young man from Kalaburagi, Karnataka. He has been doing animal husbandry for over eight years now. But the current pandemic made it difficult for him to run his farm. With the help of some support, he hopes to grow and increase his business and secure his family life. He wishes to open a dairy unit as well. Invest in Mahalingayya today!

I wish to buy more animals for my farm.

About Mahalingayya Nagayya's livelihood

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

 

C

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

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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