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Laxmi

Uikey

logoAgripreneur

logo Betul, Madhya Pradesh

logo 195 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Laxmi

Uikey

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

logoAgripreneur

logo Betul, Madhya Pradesh

logo 195 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,000 loan is fully repaid

20,000 loan is fully repaid


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.

I wish to give a good education to my children.

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.

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

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

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

0.00%

0.00% APR

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 Equated Monthly 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.

ASA Development Services
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0