Shivakumar is a dairy farmer from Tumkur, and he owns a farm that maintains a herd of cows and calves. He wants to expand his farm and add one more cow, but he doesn't have the resources to make the purchase. He hopes that with the new addition to his farm, the milk production will be increased and he will be able to benefit from it greatly. Invest in Shivakumar as he expands his animal husbandry unit!
Shivakumar is an agripreneur who works 6 hours a day for 7 days a week. With this loan Shivakumar 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. Shivakumar 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.
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