Arun Kumara is the head of a 7-member family in the town of Hassan in Karnataka. He owns a dairy unit where he keeps his cows. Arun has been pursuing animal husbandry for the past 5 years. Arun Kumara wishes to expand his dairy business, and wishes to utilize his loan to buy a pair of cows. He is looking forward to having a secure future for his family in the years to come. Invest in Arun Kumara as he purchases a pair of cows, and oversees the growth of his dairy business!
Arun is an agripreneur who works 6 hours a day for 7 days a week. With this loan Arun will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Arun Kumara has consented to pay the interest as below:
Investee
pays
8.00% flat p.a.
14.40% APR
Social
Investor
8.00%
14.40% APR
Platform
charges
0.00%
0.00% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 1,80,000
Loan
tenure
18 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Non-agro products
Established in
2010
With Rang De from
2022
Founded by
Shashi Kumar, Dr. G.N.S. Reddy
Akshayakalpa works closely with Farmers to enhance the livelihood based dairy farming to entrepreneurship model, creating the role model in the rural areas. The vision is to rejuvinate the iIndian agriculture by creating ecologically and economically sustainable farms, producing world class quality milk to consumers.
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