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Nagendra

S L

Agripreneur

Tumkur, Karnataka

1,20,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2

Nagendra

S L

#determined#ambitious
Support Nagendra to purchase two more cows for his farm and increase milk production.

Agripreneur

Karnataka

1,20,000 has been disbursed

364 potential days of livelihood

36,610.56 is
the current outstanding balance

69.49 0 0 30.51 83389 0 0 36611

69%

0%

0%

31%


About Nagendra

Nagendra comes from a family of four who lives in Tumkur, Karnataka, and is an animal husbandry businessman. With a few healthy cows on his farm, his major income source is them. He has been planning to expand his business for a long time, but the pandemic made it difficult to arrange enough funds for it. With a little help from Rang De, Nagendra will be able to purchase two additional cows for his farm and this will in turn help him enhance the milk production. A low-interest, affordable loan also won't leave a burden on him to repay. Support Nagendra to expand his farm and enjoy a better income!

About Nagendra S L's livelihood

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

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS