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Nagarathnamma

N

Agripreneur

Chikkaballapur, Karnataka

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Nagarathnamma

N

#hustler#dedicated
Support Nagarathnamma expand her animal husbandry business and enhance her income.

Agripreneur

Karnataka

318 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Nagarathnamma

Nagarathnamma has been running her animal husbandry business for over ten years. She lives with her family of four in Chikkaballapur, Karnataka. She has been planning for a long time to expand her business which would enhance her income further. But the pandemic made it hard for her to find the fund. With some financial support from Rang De, Nagarathnamma would be able expand her business by purchasing another cow and invest the remaining amount in quality fodder. Support Nagarathnamma now!

About Nagarathnamma N's livelihood

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

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nagarathnamma N 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