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Narayanappa

#hustler#dedicated
Narayanappa needs credit to buy a cow and some fodder.

Agripreneur

Chikkaballapur, Karnataka

30,000 has been disbursed

364 potential days of livelihood i

25,000 is the current outstanding balance

66.67 0 33.33 5000 2500 0

67%

33%

0%


Narayanappa has been into animal husbandry for over five years now. He is from Chikkaballapur, Karnataka and lives with his family of four. He contributes significantly to the family income through his business. He wishes to expand it and needs credit for the same. He will utilize the loan to buy a cow and some fodder for his farm. The loan would support him to have a growth in his business and take better care of his family. Invest in Narayanappa today!

I wish to open a dairy unit.

About Narayanappa 's livelihood

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.

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI 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

 

C

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

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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