Shailaja is a dairy farmer from Tumkur, Karnataka. Living with her family of four, she has been running her animal husbandry business for over eight years now. Currently, she is in need of some funds to purchase additional cows for her farm so that she can expand her dairy business. With a loan from Rang De, she will be able to purchase two more cows. With more milk to sell, she can get more income and profit. Support Shailaja now as she wishes to improve her standard of living.
Shailaja is an agripreneur who works 8 hours a day for 7 days a week. With this loan Shailaja 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. Shailaja B 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
₹ 1,00,000
Loan
tenure
18 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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