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Kamala

Bai

Agripreneur

Khandwa, Madhya Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kamala

Bai

##rangde #spandan #animalhusbandry
Invest in Kamala Bai as she adds more cattle to her animal husbandry business.

Agripreneur

Madhya Pradesh

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Kamala

Kamala Bai lived in a family of 4 members in the district of Khandwa. She worked in animal husbandry and dairy farming for 3 years, yet was not able to make any significant progress in her business. Kamala Bai was a hard-working woman with adequate skills, and her goal was to start her own animal husbandry unit. However, she faced difficulty in raising the start-up capital to establish the animal husbandry unit. Nevertheless, she was determined to raise the money through any means possible. Kamala Bai was happy to receive a loan from Rang De to support her in her journey, as it has given her a great opportunity to put her plans into action. This loan will help her in meeting the cost of purchasing goats and building sheds for them. Kamala Bai is a woman who is hard-working and passionate about taking care of her family. With animal husbandry as a source of livelihood, she is able to ensure a secure future for her family. Invest in Kamala Bai as she buys more goats and builds a shed for them.

About Kamala Bai's livelihood

Kamala is an agripreneur who works 6 hours a day for 7 days a week. With this loan Kamala 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. Kamala Bai has consented to pay the interest as below:

Investee
pays

7.00% flat p.a.

12.60% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

3.00%

5.40% 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:
Very Good

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