Mamatha is a hard-working woman who hails from the district of Chikkamagalore in Karnataka. A daughter of farmers, she has worked in animal husbandry for the past 4 years and manages to earn an average income. Mamatha's family has a cow which she purchased with her hard-earned money. Now she wishes to expand her dairy business by purchasing a new cow. She is seeking help to finance the purchase a cow. Invest in Mamatha as she seeks to expand her business by acquiring a cow.
Mamatha is an agripreneur who works 6 hours a day for 7 days a week. With this loan Mamatha will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Mamatha R 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
₹ 60,000
Loan
tenure
12 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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