Nalini has been into animal husbandry for over five years now. She lives in Chikkaballapur, Karnataka with her family of four. She works extremely hard to provide a good life to her family. She needs a credit to expand her business and purchase a cow and some fodder for her farm. She is hopeful that this would enhance her income and help her provide a good education to her children. Let’s invest in Nalini and support her dreams.
Nalini is an agripreneur who works 7 hours a day for 7 days a week. With this loan Nalini 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. Nalini 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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