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Fulkai

Bai

Agripreneur

Khandwa, Madhya Pradesh

30,000 has been disbursed

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Fulkai

Bai

#breadwinner# hardworking
Fulkai needs a loan to buy goats for her animal husbandry unit.

Agripreneur

Madhya Pradesh

30,000 has been disbursed

234 potential days of livelihood

24,997 is
the current outstanding balance

16.68 16.67 0 66.66 5003 5000 0 19997

17%

17%

0%

67%


About Fulkai

Fulkai Bai is an animal husbandry farmer from Khandwa, who wants to expand her business of goat farming. This is not very easy, as there are a lot of risks involved in it. Despite this, Fulkai is looking to expand her goat farming business. She wishes to purchase more goats and integrate her business further. She lives with her family of 4 and needs to take care of them. The expansion of the business will provide her family with a better future. Invest in Fulkai Bai today!

About Fulkai Bai's livelihood

Fulkai is an agripreneur who works 6 hours a day for 6 days a week. With this loan Fulkai will potentially obtain employment for 234 days.

Interest Rate

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

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS