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Varalakshmi

N

Agripreneur

chikkaballapur, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Varalakshmi

N

#breadwinner#hardworking
Invest in Varalakshmi dreams by helping her buy a sheep.

Agripreneur

Karnataka

273 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Varalakshmi

Varalakshmi is an ambitious woman from Chikkaballapur, Bangalore. She has over fifteen years of experience in rearing cattle. She wishes to expand her diary business buy purchasing a sheep. This investment will help her bring a bigger income to the family of three. Invest in Varalakshmi and help her grow financially.

About Varalakshmi N's livelihood

Varalakshmi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Varalakshmi 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. Varalakshmi N 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI

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