Krishnamurthy is a hard-working farmer living in Tumkur with his family of 4 members. He runs a dairy farm and has been operating it for 5 years. Despite the income that Krishnamurthy makes from his farm, he struggles to meet the daily living costs of his family. With a dream of having a secured future for his family, he wants to buy two cows which will increase his income. Invest in Krishnamurthy as he upgrades his dairy farm and expands his animal husbandry business.
Krishnamurthy is an agripreneur who works 8 hours a day for 7 days a week. With this loan Krishnamurthy will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Krishnamurthy 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
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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