Mr. Chandrashekar is a farmer who has been involved in animal husbandry for the past 10 years. He wishes to expand his business by purchasing two new cows, in hopes of earning more income. However, he currently doesn't have the the funds required to purchase these animals. He will use the entire loan amount to buy two cows and fodder. Support Chandrashekar to continue to care for his animals by investing in his dairy farm.
Chandrashekar is an agripreneur who works 4 hours a day for 6 days a week. With this loan Chandrashekar will potentially obtain employment for 156 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Chandrashekar N 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
₹ 1,20,000
Loan
tenure
12 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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