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Devaraju

.

Agripreneur

Tumkuri, Karnataka

364 livelihood days

Borrower Image 1 Borrower Image 2

Devaraju

.

#breadwinner#hardworking
Devaraju is seeking credit to finance his cows.

Agripreneur

Karnataka

364 potential days of livelihood

₹ 1,20,000 loan is fully repaid

₹ 1,20,000 loan is fully repaid

About Devaraju

Devaraju is a hardworking man who lives with his family of 5 members in the district of Tumkur in Karnataka. Devaraju makes his living through animal husbandry. He has been involved in this business for the past 10 years, and has been able to manage to make his income meet the basic monthly needs of his family. Devaraju is looking to expand his business and loan credit will enable him to purchase two new breeds of cows. He is convinced that the cows will yield him a good income, making it possible for him to pay back the loan on time. Invest in Devaraju as he expands his animal husbandry business, and purchase an additional 2 cows.

About Devaraju . 's livelihood

Devaraju is an agripreneur who works 8 hours a day for 7 days a week. With this loan Devaraju will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Devaraju . 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

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

₹ 1,20,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

Investee Credit Rating:
Very 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

Akshayakalpa Farms and Foods Pvt. Ltd
   
Partner logo

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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3

₹ 3000

Proceed to Pay

3

Total: ₹3000

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