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Prema

K

Agripreneur

Hassan, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2

Prema

K

#breadwinner#hardworking
Prema needs credit to purchase cow for her dairy business.

Agripreneur

Karnataka

273 potential days of livelihood

1,20,000 loan is fully repaid

1,20,000 loan is fully repaid


About Prema

Prema K resides in Hassan with her family of 5 and running the dairy business. She has been involved with this business since the past 4 years. Despite being in the dairy business, Prema K is still not able to provide for her family's needs. She struggles to meet her children's school expenses and arrange for their regular medical checkups. She is not satisfied with the income from her business, and this is why she's hoping to get a loan to purchase a cow for her dairy business. With more handsets, more time, and more energy, her family can help her expand her business further, and she's certain that returns will follow. Support her, to give her a sound start, so that she may keep her children in school, treat her family, and keep her business going.

About Prema K's livelihood

Prema is an agripreneur who works 6 hours a day for 7 days a week. With this loan Prema will potentially obtain employment for 273 days.

Interest Rate

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