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Laxmi

Uikey

Agripreneur

Betul, Madhya Pradesh

195 livelihood days

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Laxmi

Uikey

#gogetter#dedicated
Fund Laxmi Uikey's goat purchase so she can bring her dairy business to life.

Agripreneur

Madhya Pradesh

195 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Laxmi

Laxmi Uikey's five 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 big 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 Laxmi today.

About Laxmi Uikey's livelihood

Laxmi is an agripreneur who works 5 hours a day for 6 days a week. With this loan Laxmi will potentially obtain employment for 195 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Laxmi Uikey has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

Investee Credit Rating:
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

ASA Development Services
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

Mr. Ashis Mondal

ASA Development Services (ASADS) is a non-profit company that was started in 2007 to utilise approaches of partnership, collaboration, resource pooling, and knowledge sharing to accelerate the process of development of the rural poor. ASADS complements work of its promoting organization Action for Social Advancement (ASA), by layering support services on the field. ASADS builds crucial financial links between the poor and the lending partners in the sector to bridge the gap of rural and urban development.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS