₹ 19,997 is
the current outstanding balance
40%
0%
20%
40%
Lalita Bai has been in the animal husbandry business for the past five years. Her profit from the animal husbandry business is insufficient for herself and her family, so she wishes to invest in additional goats. She aims to enhance her income through this expansion and with this, she will be able to live a better life. With better profits, she will give a better future for her children. Invest in Lalita Bai as she buys additional goats and expands her business!
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.
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
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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