Meghana is a dynamic woman who lives with her family in Tumkur. She has been involved in the animal husbandry business in recent years. This young lady wishes to expand her farm and seeks credit for the same. In order to boost her income, Meghana needs a loan to invest in a cow. The additional milk produced will benefit her greatly. By purchasing a cow, Meghana will be able to expand her business further by selling more milk. Invest in her today!
Meghana is an agripreneur who works 8 hours a day for 7 days a week. With this loan Meghana 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. Meghana K S 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
₹ 1,80,000
Loan
tenure
18 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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