₹ 24,998 is
the current outstanding balance
25%
0%
75%
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!
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.
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
Impact
Partner
up to 3.00%
5.40% APR
Platform
charges
1.00%
1.80% 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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