Naresh Babu belongs to Chikkaballapura district of Karnataka. He has been running his animal husbandry business for over five years to look after his family of five. With the some financial assistance, he hopes to purchase a cow and cattle fodder to expand his business. He hopes for an increase in income and to be able to build a new house in the future. Invest in Naresh Babu today for his secure future!
Naresh babu is an agripreneur who works 10 hours a day for 7 days a week. With this loan Naresh babu will potentially obtain employment for 455 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Naresh babu S 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 Naresh babu 's profile
Invite your family and friends to view Naresh babu 's profile on Rang De
