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Lalita

Bai

Agripreneur

Khandwa, Madhya Pradesh

30,000 has been disbursed

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Lalita

Bai

#Breadwinner hardworking
Lalita Bai needs a loan for buying goats for her animal husbandry unit.

Agripreneur

Madhya Pradesh

30,000 has been disbursed

234 potential days of livelihood

19,997 is
the current outstanding balance

40.01 0 20 39.99 10003 0 5000 9997

40%

0%

20%

40%


About Lalita

Lalita Bai's four years in the animal husbandry business has her chasing her dreams. The humble mother wants to purchase some goats with the help of credit so she can support her family. Her dream is to start an independent dairy business where she can sell her milk produce, draw in more customers and then increase her monthly income. She hopes the additional income will ease the financial burden on her husband, who has been working tirelessly to make ends meet for the family. Lend a helping hand to Lalita today.

About Lalita Bai's livelihood

Lalita is an agripreneur who works 6 hours a day for 6 days a week. With this loan Lalita 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. Lalita 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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS