Nagarathna is an ambitious woman from Ramanagar, Karnataka. He has been working hard at her animal husbandry unit for over five years to support her family. But the pandemic affected her income very badly. To overcome the financial stress, she wishes to expand her business by purchasing another cow and working towards increasing her income. Invest in Nagarathna today as she wishes to lead a happy life with her family.
Nagarathna is an agripreneur who works 5 hours a day for 7 days a week. With this loan Nagarathna will potentially obtain employment for 227 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nagarathna 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
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
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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