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Narasamma

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

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Narasamma

#strength#ambitious
Help Narasamma build a big house by expanding her animal husbandry business.

Agripreneur

Karnataka

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Narasamma

Narasamma belongs to Chikkaballapura district of Karnataka. Being the breadwinner of her family of three, Narasamma works extremely hard to meet the everyday expenses of her family. She has been rearing goats and sheep for the past twenty years. Now, she needs some credit to purchase a cow and quality cattle fodder as part of expanding her animal husbandry business. She hopes that this expansion would bring extra income to her family. Invest in Narasamma today for her secure future!

About Narasamma 's livelihood

Narasamma is an agripreneur who works 8 hours a day for 7 days a week. With this loan Narasamma 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. Narasamma 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