₹ 26,662.33 is
the current outstanding balance
33%
0%
17%
50%
Fulvanti is a determined woman who has a heart of gold in spite of the challenges she faces in her life. She lives with her family of 4 in the Khandwa district. Fulvanti is involved in the business of animal husbandry, and she is looking to get a loan to buy more goats and fodder. She can use the loan amount to raise the number of animals she owns. Fulvanti's business of animal husbandry can be further expanded with your support. Invest in Fulvanti's dreams.
Fulvanti is an agripreneur who works 4 hours a day for 6 days a week. With this loan Fulvanti will potentially obtain employment for 156 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Fulvanti Bai Palvi 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
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
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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