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Nagalakshmi

#go-getter#ambitious
Nagalakshmi needs credit to purchase a sheep for her farm.

Agripreneur

Chikkaballapur, Karnataka

20,000 has been disbursed

318 potential days of livelihood i

20,000 is the current outstanding balance


Nagalakshmi is very experienced in her animal husbandry business. She lives in Chikkaballapur, Karnataka with her family of four. Being the sole breadwinner of her family, Nagalakshmi wishes to expand her business to provide them better. She needs credit to buy a sheep and fodder for her farm. The income she gets by selling the sheep in the market for meat would be used to secure the life of her family members in this pandemic situation. Invest in Nagalakshmi today!

I wish to build a big house for my family.

About Nagalakshmi 's livelihood

Nagalakshmi is an agripreneur who works 7 hours a day for 7 days a week. With this loan Nagalakshmi will potentially obtain employment for 318 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI 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

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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