₹ 19,996 is
the current outstanding balance
33%
0%
17%
50%
Anil is a hard-working and ambitious man who knows how to plan ahead. He owns cattle and goats and takes good care of them. The goats which Anil will buy are to be grass fed, young and healthy. They'll produce milk, which will be sold in the local dairy. When the goats come of age they'll be sold in the meat market. By selling their meat and wool, he will earn further more. Anil needs the loan to purchase 5 goats to breed and grow his business.
Anil is an agripreneur who works 8 hours a day for 7 days a week. With this loan Anil 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. Anil Goutam has consented to pay the interest as below:
Investee
pays
7.00% flat p.a.
12.60% APR
Social
Investor
3.00%
5.40% APR
Platform
charges
4.00%
7.20% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 30,000
Loan
tenure
18 months
Moratorium
2 months
Repayment
mode
EQI
Investee
occupation
Animal husbandry
Established in
2002
With Rang De from
2022
Founded by
Seema - Prakash
Spandan Samaj Sewa Samiti is a grassroots NGO working among the lesser known and nutritionally vulnerable Korku tribe in Khandwa district of MP. The key focus area is Food Security and Nutrition. With that regard we are currently trying to enhance the livelihood of marginalized families. The major areas considered are goatery and nano enterprises and women empowerment.
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