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Narayanaswamy

#provider#resilient
Narayanaswamy wishes to substitute his income by rearing sheep.

Agripreneur

chikkaballapura, Karnataka

20,000 has been disbursed

318 potential days of livelihood i

20,000 is the current outstanding balance


Narayanaswamy has been farming and working on his animal husbandry business for the last nine years. This year, he plans to take his business, a step towards success. To substitute his income from farming, Narayanaswamy wishes to rear sheep. He plans to use the credit to purchase the sheep and fodder for nurturing the cattle. Hailing from Chikkaballapura, Karnataka, his income from the business, helps him sustain his family of three. The expansion of his business will help him provide better for his family. Invest in Narayanaswamy today.

My dream is to enjoy a secure future with my family.

About Narayanaswamy 's livelihood

Narayanaswamy is an agripreneur who works 7 hours a day for 7 days a week. With this loan Narayanaswamy will potentially obtain employment for 318 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

20,000

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

No credit history available

 

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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