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Venu

C

Agripreneur

Hassan, Karnataka

409 livelihood days

Borrower Image 1

Venu

C

#strength#ambitious
Venu needs a loan to buy cows.

Agripreneur

Karnataka

409 potential days of livelihood

1,20,000 loan is fully repaid

1,20,000 loan is fully repaid


About Venu

Venu lives in Hassan, a city that serves as a home for many farmers. Venu is specifically involved in cow farming, which supports his family's livelihood, and has been doing so for over ten years. Venu makes great efforts to ensure the well-being of the cows, but their numbers are not sufficient to support him and his family. There's a great demand for his dairy products, but there is a shortage of cattle that he needs to keep his business running smoothly. This loan will help Venu purchase three cows which will enable him to upscale his animal husbandry business.

About Venu C's livelihood

Venu is an agripreneur who works 9 hours a day for 7 days a week. With this loan Venu will potentially obtain employment for 409 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Venu C 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

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

1,20,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Non-agro products

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Akshayakalpa Farms and Foods Pvt. Ltd
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS