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Nagarathna

Basavaraju

Agripreneur

Mysuru, Karnataka

364 livelihood days

Borrower Image 1 Borrower Image 2

Nagarathna

Basavaraju

#provider#hustler
Nagarathna needs funds to purchase input products for the Kharif sowing.

Agripreneur

Karnataka

364 potential days of livelihood

12,000 loan is fully repaid

12,000 loan is fully repaid


About Nagarathna

For over six years, Nagarathna has been toiling on her land. Nagarathna is from Mysuru. The COVID-19 crisis has put the family of two in great distress. With the sowing season just around the corner, Nagarathna is looking to purchase some fertilizers and employ laborers on her farm. The loan will help her purchase quality fertilizers and hire help on her farm to ensure a bountiful harvest. Invest in Nagarathna to help her get through these tough times.

About Nagarathna Basavaraju's livelihood

Nagarathna is an agripreneur who works 8 hours a day for 7 days a week. With this loan Nagarathna will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nagarathna Basavaraju has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

12,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very 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

Vild Foundation

   
Karnataka
Partner since 2019
Partner logo

About

VILD Foundation, along with its sister organisation Swami Vivekananda Youth Movement, has been working in various sectors of community development for the past 6 years. Formation and promotion of SHGs, microfinance and income generation activities have been part of their interventions for improving the socio-economic status of the communities. Presently they are operational in Mysore district, facilitating around 311 SHGs covering 90 villages & 6 towns. VILD has been working as a business correspondent for Nabfins since March -2015 & has been working with RangDe as a Impact partner since 2013.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rupees Icon

Rs 14,35,000

Disbursed
User circle icon

85

Investees
Repayment icon

95.0%

Repayments
Left quotes

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS