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Nagamma

Patil

Agripreneur

Gulbarga, Karnataka

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Nagamma

Patil

#ambitious#achiever
Support Nagamma expand her animal husbandry business and lead a quality life.

Agripreneur

Karnataka

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Nagamma

With an experience of eight years in rearing cattle, Nagamma wishes to expand her business to enhance her income. But this dream has been hindered by the pandemic as she couldn't find enough funds. Now, with the small interest loan that Rang De provides, Nagamma hopes to expand her business and meet all the expenses. Invest in Nagamma now as she wishes to live a quality life with her family.

About Nagamma Patil's livelihood

Nagamma is an agripreneur who works 8 hours a day for 6 days a week. With this loan Nagamma 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. Nagamma Patil 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