₹ 78,814.56 is
the current outstanding balance
56%
6%
11%
27%
Prema lives in a village with her family of 5 members in the district of Tumkur in Karnataka. Prema is a hard-worker who has been involved in animal husbandry for the past 10 years. She sells milk, which is the primary source of income for her family. Prema wishes to expand her business and purchase new cows. With the help of this loan, Prema will be able to buy cows and enjoy the benefits of animal husbandry. Invest in Prema as she expands her animal husbandry business.
Prema is an agripreneur who works 8 hours a day for 7 days a week. With this loan Prema will potentially obtain employment for 364 days.
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
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
Animal husbandry
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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