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Narashimhamurathi

A

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

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Narashimhamurathi

A

#courageous#go-getter
Help Narashimhamurathi have a quality life through animal husbandry business.

Agripreneur

Karnataka

364 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Narashimhamurathi

Narashimhamurathi is an experienced farmer from Chikkaballapur, Karnataka. He takes care of his family of four with the income he gets from farming. But the pandemic situation put the family under financial stress and Narashimhamurathi finds it difficult to make the two ends meet. With a wish to save for building a home of his own, he needs a loan to start an animal husbandry business. As the first step, he wishes to buy sheep and fodder for his farm. He hopes that this would bring some income enhancement and he would be able to provide better for the family. Invest in Narashimhamurathi today!

About Narashimhamurathi A's livelihood

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

10,000

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