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Mahamad

Irfan

Agripreneur

Chikkamagalore, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mahamad

Irfan

#breadwinner#hardworking
Mahamad Irfan needs credit to purchase one more cow for his farm.

Agripreneur

Karnataka

273 potential days of livelihood

60,000 loan is fully repaid

60,000 loan is fully repaid


About Mahamad

Mahamad Irfan is a hard working and trustworthy man who lives in the district of Chikkamagalore in Karnataka. Along with his wife, Mahamad earns the living to support a family of five by raising cattle on his farmland. Over the last few years, Mahamad has seen a slow growth in his farm business, which he is trying to change with little support. Mahamad is looking for a loan to purchase one more cow for his farm, along with quality fodder. He knows that with more cows on his farm, he'll be able to work more efficiently and, ultimately, earn more profit. As Mahamad looks to expand his livestock farm and bring in additional income, support him with a loan to purchase one more cow.

About Mahamad Irfan's livelihood

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

Non-agro products

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

3

Total: ₹3000

FUNDS

INDIVIDUALS