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Manjegowda

EM

Agripreneur

Hassan, Karnataka

364 livelihood days

Borrower Image 1

Manjegowda

EM

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

Agripreneur

Karnataka

364 potential days of livelihood

1,20,000 loan is fully repaid

1,20,000 loan is fully repaid


About Manjegowda

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Manjegowda EM 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

1,20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Non-agro products

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