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Hanumanthaiah

Agripreneur

Tumkur, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2

Hanumanthaiah

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

Agripreneur

Karnataka

273 potential days of livelihood

1,20,000 loan is fully repaid

1,20,000 loan is fully repaid


About Hanumanthaiah

Hanumanthaiah is a hard-working man who knows perseverance. He lives in Tumkur, the district of Karnataka. He makes his living by raising dairy cows and selling their milk; he has been doing this for the past 10 years. Hanumanthaiah struggles to provide for his family, as he is unable to make enough income from his business. He is in need of a loan to purchase additional cows. Hanumanthaiah is requesting an outstanding loan to purchase two milk-giving cows. In turn, he intends to continue to work hard to earn money and raise his existing cow herd. With your help, help Hanumanthaiah purchase cows today! Help this family meet their financial goals by lending them a helping hand.

About Hanumanthaiah 's livelihood

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

Non-agro products

Investee Credit Rating:
Excellent

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

3

Total: ₹3000

FUNDS

INDIVIDUALS