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Chandravati

Bai

Agripreneur

Khandwa, Madhya Pradesh

40,000 has been disbursed

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Chandravati

Bai

##rangde #spandan #animalhusbandry
Chandravati needs credit to invest in her goat farm .

Agripreneur

Madhya Pradesh

40,000 has been disbursed

273 potential days of livelihood

6,666.33 is
the current outstanding balance

83.33 16.67 0 0 33334 6666 0 0

83%

17%

0%

0%


About Chandravati

Chandravati Bai has lived in Khandwa for the past 30 years and has been involved in dairy farming and animal husbandry for the past 3 years. Chandravati has been able to raise enough money to put a deposit on a goat farm in Bijawar. However, in order to purchase the necessary goats, she's looking for a loan to cover the costs. With this credit line, Chandravati can purchase the goats and expand her business. With this loan, Chandravati will have the necessary funds to buy additional goats and expand her business in animal husbandry. Support Chandravati as she expands her dairy farm, purchases additional goats, and creates a profitable goat farm.

About Chandravati Bai's livelihood

Chandravati is an agripreneur who works 6 hours a day for 7 days a week. With this loan Chandravati will potentially obtain employment for 273 days.

Interest Rate

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

40,000

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