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Muniswamaiah

Agripreneur

Tumkur, Karnataka

318 livelihood days

Borrower Image 1 Borrower Image 2

Muniswamaiah

#breadwinner#hardworking
Muniswamaiah is seeking credit to finance his cows.

Agripreneur

Karnataka

318 potential days of livelihood

1,80,000 loan is fully repaid

1,80,000 loan is fully repaid


About Muniswamaiah

Muniswamaiah lives in Tumkur district with his family of 3 members; the years have didn't come easy for him. Through sheer hard work, he has managed to establish himself as a supplier of quality cows in the region. Muniswamaiah's business has seen a steady growth in the past 5 years which has enabled him to accumulate a healthy amount of savings. However, he is finding it extremely difficult to expand his business further because of the lack of capital he has at his disposal. Muniswamaiah is looking for a loan to help him purchase cows for breeding. Your investment will help Muniswamaiah purchase high-quality cows to breed, which he can then use to generate more income.

About Muniswamaiah 's livelihood

Muniswamaiah is an agripreneur who works 7 hours a day for 7 days a week. With this loan Muniswamaiah will potentially obtain employment for 318 days.

Interest Rate

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

1,80,000

Loan
tenure

18 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