Ravi is the only source of income for his family. He is making a great effort to support his family's future. If we are able to support Ravi with this loan, Ravi will be able to buy more cattle to raise milk production. Hopefully he will be able to raise enough cattle to give milk to the milk marketing society that will provide him with a steady income. This will also greatly benefit the people in his locality.
Ravi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Ravi will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Ravi S M 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
₹ 60,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Non-agro products
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.
Share Ravi's profile
Invite your family and friends to view Ravi's profile on Rang De
