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Narayanaswamy

Agripreneur

Chikkaballapur, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Narayanaswamy

#ambitious#achiever
Invest in Narayanaswamy's farm as he dreams of owning a house someday.

Agripreneur

Karnataka

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Narayanaswamy

Narayanaswamy is very experienced in animal husbandry. He resides in Chikkaballapur, Karnataka with his family of three. He now wishes to expand his business to overcome the financial stress caused by the pandemic. Being the sole breadwinner of his family of three, Narayanaswamy toils hard at his animal husbandry to make ends meet. So the expansion would be possible only with the affordable and low-cost credit from Rang De. He will use the credit to purchase a cow and higher quality fodder for all hiss animals. This credit will also enable him to take care of his animals well. Support Narayanaswamy now!

About Narayanaswamy 's livelihood

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

Investee Credit Rating:
Adequate

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