Narasimhamurthyi belongs to Chikkaballapur district of Karnataka. Being the breadwinner of his family of four, he works extremely hard to meet the everyday expenses of his family. With the help of some credit, he hopes to purchase some sheep and good quality fodder for them. This expansion will draw in more income for him and enable him to provide for his family better. Invest in Narasimhamurthyi today for his secure future!
Narasimhamurthyi is an agripreneur who works 8 hours a day for 7 days a week. With this loan Narasimhamurthyi will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Narasimhamurthyi B 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
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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