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Babu

Agripreneur

Barabanki, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Babu

#Hardworking#dedicated
Babu is keen to expand his animal husbandry business.

Agripreneur

Uttar Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Babu

Babu is a hard-working man who lives in Barabanki with his wife and children. He runs an animal husbandry unit in Barabanki and has been engaged in this line of work for the last five years. Babu's monthly income from this business is able to cover his family's basic necessities. His dream is to expand his animal husbandry unit and purchase more animals. Babu is looking for a loan to purchase feed for his animals and expand his business. Invest in Babu as he purchases feed for his animals.

About Babu 's livelihood

Babu is an agripreneur who works 8 hours a day for 7 days a week. With this loan Babu will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Babu has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Animal husbandry

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

The Goat Trust
   
Partner logo

Established in

2008

With Rang De from

2022

Founded by

Mr. Sanjeev Kumar

The Goat Trust is a charitable trust that works to promote small livestock based businesses ( Goat/sheep/ Backyard birds rearing) by building support institutions and providing market linkages. Mandated as a research organization to provide handholding, training, financing and standardized marketing mechanism, The Goat Trust, works on development of pro poor small livestock farming systems, technologies and market development through collaboration and networking with various stakeholders. TGT also works as a platform to promote cross learning, accentuate action research to generate knowledge, experiences and make it available to a larger set of players within and outside India.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS