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Basanti Bai

Kasde

Agripreneur

Khandwa, Madhya Pradesh

30,000 has been disbursed

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Basanti Bai

Kasde

#ambitious# hardworking
Basanti Bai needs credit to purchase goats for her animal husbandry business.

Agripreneur

Madhya Pradesh

30,000 has been disbursed

156 potential days of livelihood

9,996 is
the current outstanding balance

66.68 0 0 33.32 20004 0 0 9996

67%

0%

0%

33%


About Basanti Bai

Basanti comes from a rural area in Khandwa where she lives with three children and her husband. She runs an animal husbandry business while her husband and her son work on their farm to provide for their family of five. She is now looking to expand her business by adding a few goats to her unit. This business has continued to help the family survive and sustain themselves. This loan will make buying more goats possible which will continue to help the family and will make Basanti's dream of building a better future for her children come true.

About Basanti Bai Kasde's livelihood

Basanti Bai is an agripreneur who works 4 hours a day for 6 days a week. With this loan Basanti Bai will potentially obtain employment for 156 days.

Interest Rate

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

Loan Details

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

Investee Credit Rating:
Excellent

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

Spandan Samaj Sewa Samiti
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS