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Lohith Kumar

C B

Agripreneur

Hassan, Karnataka

227 livelihood days

Borrower Image 1 Borrower Image 2

Lohith Kumar

C B

#breadwinner#hardworking
Lohith is seeking credit to finance his cow.

Agripreneur

Karnataka

227 potential days of livelihood

60,000 loan is fully repaid

60,000 loan is fully repaid


About Lohith Kumar

Lohith Kumar is a hard-working man who has made an important investment, but difficult times and circumstances have prevented him from seeing the returns that he was hoping for. Lohith is involved in animal husbandry and his income comes from the sale of milk. Despite the income that Lohith makes from his business, he struggles to repay his debt and take care of both his family's basic needs and his business's needs. With a dream of achieving a better and secure future for his family, Lohith is looking to expand his business by borrowing money to purchase a cow. Invest in Lohith as he purchases a cow to expand his business and increase the income that he and his family members earn.

About Lohith Kumar C B's livelihood

Lohith Kumar is an agripreneur who works 5 hours a day for 7 days a week. With this loan Lohith Kumar will potentially obtain employment for 227 days.

Interest Rate

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

60,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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