₹ 9,999 is
the current outstanding balance
67%
0%
17%
17%
Lav Goutam is a hard-working man who has been involved with dairy farming for the past 4 years. Lav Goutam needs a loan to purchase more animals for the purpose of product diversification. Lav Goutam has availed a loan to buy more goats so that his family will be able to live a better life and will have enough income to expand their operations to neighbouring villages. Invest in Lav Goutam as he expands his business, purchases additional animals and construct a new shed for them.
Lav is an agripreneur who works 8 hours a day for 7 days a week. With this loan Lav will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Lav Goutam 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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