Saraswathi is a hardworking mother of 2 with a burning desire to expand her dairy business. She lives in Ramanagara, a district close to Bangalore in southern India and is looking to avail a loan to purchase two cows. Saraswathi already has a small dairy business but wishes to expand her business and create a bigger dairy unit for the sale of milk products. Selling more milk will help her provide better opportunities for her children. Invest in Saraswathi's dreams.
Saraswathi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Saraswathi 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. Saraswathi - 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
₹ 1,20,000
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.
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