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Prasada

DR

Agripreneur

Hassan, Karnataka

227 livelihood days

Borrower Image 1 Borrower Image 2

Prasada

DR

#believer#resilient
Prasada needs credit to buy two more cows.

Agripreneur

Karnataka

227 potential days of livelihood

₹ 1,20,000 loan is fully repaid

₹ 1,20,000 loan is fully repaid

About Prasada

Prasada is a hardworking farmer who lives in Hassan. He has been involved with animal husbandry for the past three years, and he has been earning well. His family is looking to expand their business further, as they wish to buy more cows and scale up milk production. This expansion will provide him with a better income and secure life. Invest in Prasada as he buys two additional cows and takes an important step towards having a great life.

About Prasada DR's livelihood

Prasada is an agripreneur who works 5 hours a day for 7 days a week. With this loan Prasada will potentially obtain employment for 227 days.

Interest Rate

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

Animal husbandry

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

Proceed to Pay

3

Total: ₹3000

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