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Laxmi

Sathe

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 40,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Laxmi

Sathe

#provider#resilient
Support Laxmi as she expands her animal husbandry business.

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 40,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

40,000 is
the current outstanding balance


Laxmi Sathe started with dairy farming and has been practicing this profession for the past five years now. She owns a dairy farm that consists of a few goats, and she wishes to expand her business by adding more of them. She needs a loan to buy additional goats, build a shed for these goats and expand her operations further. Invest in Laxmi's plan to expand her operations by supporting her and her business.

I wish to build a big shed for my goats.

About Laxmi Sathe's livelihood

Laxmi is an agripreneur who works 8 hours a day for 6 days a week. With this loan Laxmi will potentially obtain employment for 312 days.

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

Investee
pays The rate of interest charged to the investee

7.00% flat p.a.

12.60% APR

Social
Investor The rate of return an investor makes

3.00%

5.40% APR

Impact
Partner The rate of return an impact partner makes

up to 3.00%

5.40% APR

Platform
charges The charges, the platform incurs by offering it's services

1.00%

1.80% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

40,000

Loan
tenure

18 months

Moratorium

2 months

Repayment
mode

EQI Equated Quarterly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Spandan Samaj Sewa Samiti
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0