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Manjegowda

EM

logoAgripreneur

logo Hassan, Karnataka

logo 1,20,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img

Manjegowda

EM

#resilient#achiever
Manjegowda needs to purchase two more cows to expand his farm.

logoAgripreneur

logo Hassan, Karnataka

logo 1,20,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

50,000 is
the current outstanding balance

100 0 0 70000 0 0

100%

0%

0%


Manjegowda is a resident of Hassan, and a father of five children who, with his family, runs an animal husbandry business. For this business to succeed, he needs to purchase more cows, which will help boost the amount of milk produced and raise the income produced from his business. He needs a loan to purchase three new cows which will aid him in achieving his goals. With your help, Manjegowda can expand his farm and provide for his family, and his ambitions will become reality.

I wish to renovate my farm and use advanced technologies.

About Manjegowda EM's livelihood

Manjegowda is an agripreneur who works 8 hours a day for 7 days a week. With this loan Manjegowda 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.

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

8.00%

14.40% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

1,20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Non-agro products

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Akshayakalpa Farms and Foods Pvt. Ltd
   

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0