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  • Oyster Mushroom Annexure IV

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    krisjames11
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    This document contains a payment schedule for a Rs. 37,000 Oyster Mushroom farming project with 10% margin money and an Rs. 33,300 bank loan at 12% interest over 6 years. It shows the yearly loan outstanding, interest payment, principal repayment, and surplus available. Any agency providing financial assistance for this project must ensure beneficiaries have experience/training in mushroom cultivation, access to high quality spawn, technical guidance, and proper marketing arrangements.

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    This document contains a payment schedule for a Rs. 37,000 Oyster Mushroom farming project with 10% margin money and an Rs. 33,300 bank loan at 12% interest over 6 years. It shows the yearly loan outstanding, interest payment, principal repayment, and surplus available. Any agency providing financial assistance for this project must ensure beneficiaries have experience/training in mushroom cultivation, access to high quality spawn, technical guidance, and proper marketing arrangements.

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    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
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    10 views2 pages

    Oyster Mushroom Annexure IV

    Uploaded by

    krisjames11
    This document contains a payment schedule for a Rs. 37,000 Oyster Mushroom farming project with 10% margin money and an Rs. 33,300 bank loan at 12% interest over 6 years. It shows the yearly loan outstanding, interest payment, principal repayment, and surplus available. Any agency providing financial assistance for this project must ensure beneficiaries have experience/training in mushroom cultivation, access to high quality spawn, technical guidance, and proper marketing arrangements.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Annexure IV

    yment Schedule - Oyster Mushroom (Amount Rs.) Project Cost 37000 Margin Money (10 %) 3700 Bank Loan (rounded off) 33300 Rate of Interest (%) 12 Repayment Period (years) 6 Loan Outstanding 33300 33300 27400 20800 13400 5100 Surplus available for repayment 6600 19800 19800 19800 19800 19800 Total Outgo 3996 9896 9888 9896 9908 5712 Net Surplus 2604 9904 9912 9904 9892 14088

    Year

    Bank loan disbursed

    Interest

    Repayment Interest Principal 3996 0 3996 5900 3288 6600 2496 7400 1608 8300 612 5100

    1 2 3 4 5 6
    Note :

    33300 -

    3996 3996 3288 2496 1608 612

    The implementing agencies may invariably ensure that the following stipulations are met before extending financial assistance to promote this activity. i. The beneficiaries should have adequate experience/undergone training in mushroom cultivation imparted by the Directorate of Horticulture ii. The availability of high quality, infection free spawn from recognised source be ensured. iii. Technical guidance/supervision from competent agency should be ensured. iv. The implementing agencies should ensure that proper marketing arrangements are provided to the beneficiaries.

    hat proper marketing arrangements are provided to the beneficiaries.

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