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Narasimhappa

#courageous#go-getter
Narasimhappa needs credit to buy Desi birds and fodder for them.

Agripreneur

Chikkaballapura, Karnataka

10,000 has been disbursed

273 potential days of livelihood i

9,330 is the current outstanding balance


Narasimhappa lives in Chikkaballapura, Karnataka where he runs a successful animal husbandry business of twelve years. He, through his business, provides for his family of five and wishes to expand the business so that he can provide better for them. He needs credit to buy some Desi birds and fodder for his farm. The loan would support him in getting an additional income and securing a bright future for his family. Invest in Narasimhappa today!

I wish to expand my animal husbandry business.

About Narasimhappa 's livelihood

Narasimhappa is an agripreneur who works 6 hours a day for 7 days a week. With this loan Narasimhappa will potentially obtain employment for 273 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI i

Investee
occupation

Animal husbandry

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Vrutti

Established in

2020

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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