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Jitendra

Patel

Agripreneur

Khandwa, Madhya Pradesh

40,000 has been disbursed

468 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Jitendra

Patel

#resilient#ambitious
Support Jitendra to purchase additional goats to expand his animal husbandry business.

Agripreneur

Madhya Pradesh

40,000 has been disbursed

468 potential days of livelihood

₹ 24,997 is
the current outstanding balance
50.01 0 16.67 33.32 15003 0 5000 9997

50%

0%

17%

33%

About Jitendra

Jitendra is a hard-working man and a true inspiration to all his friends. He has recently started his own animal husbandry business by purchasing a few goats and has several more in mind to purchase. Jitendra's efforts bring him a decent monthly income, but his economic growth is hampered by limited resources. With the assistance of this loan, Jitendra will be able to buy more goats and expand his business, which will allow him to be a model for others and provide his family with a life of prosperity. Invest in Jitendra now!

About Jitendra Patel's livelihood

Jitendra is an agripreneur who works 12 hours a day for 6 days a week. With this loan Jitendra will potentially obtain employment for 468 days.

Interest Rate

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

24 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

Proceed to Pay

3

Total: ₹3000

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