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Narayanaswamy

Agripreneur

Chikkaballapur, Karnataka

455 livelihood days

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Narayanaswamy

#strong# resilient
Narayanaswamy wants to expand his animal husbandry business and lead a quality life.

Agripreneur

Karnataka

455 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Narayanaswamy

Narayanaswamy has been running an animal husbandry unit for the last five years in Chikkaballapura, Karnataka. Serving as a main source of income for his family of five, Narayanaswamy wishes to grow his business and earn an increased income for his family. He wishes to diversify his source of income by adding a few desi birds to his unit. With an increase in his income, Narayanaswamy hopes to build a house for his family. Support Narayanaswamy in his endeavours today.

About Narayanaswamy 's livelihood

Narayanaswamy is an agripreneur who works 10 hours a day for 7 days a week. With this loan Narayanaswamy will potentially obtain employment for 455 days.

Interest Rate

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