Narayanappa meets his family's needs with the income he gets from his animal husbandry business. Living with a family of four in Chikkaballapur, Karnataka, he wishes to enhance his income by expanding his business. He needs a loan and he will use it to purchase a cow and invest in quality cattle fodder. Invest in Narayanappa as he hopes to provide for his family better!
Narayanappa is an agripreneur who works 8 hours a day for 7 days a week. With this loan Narayanappa 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. Narayanappa 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.
Share Narayanappa's profile
Invite your family and friends to view Narayanappa's profile on Rang De
