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Prema

Agripreneur

Mandya, Karnataka

227 livelihood days

Borrower Image 1 Borrower Image 2

Prema

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

Agripreneur

Karnataka

227 potential days of livelihood

1,20,000 loan is fully repaid

1,20,000 loan is fully repaid


About Prema

Prema is a farmer living in Mandya in Karnataka. She works hard to manage the expenses of her family. She raises cows and sells milk from them to generate income. She's looking to expand her business by buying a new cows. With her loan she will be able to purchase two of these cows and will be able to generate more income. Prema hopes to build upon her successes, and with your loan she can achieve her dreams. Invest in Prema's goat dairy to produce more income and purchase new livestock.

About Prema 's livelihood

Prema is an agripreneur who works 5 hours a day for 7 days a week. With this loan Prema 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. Prema 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