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Laxmi

Bai

Agripreneur

Khandwa, Madhya Pradesh

40,000 has been disbursed

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Laxmi

Bai

#breadwinner# hardworking
Laxmi Bai needs credit to purchase goats and fodder.

Agripreneur

Madhya Pradesh

40,000 has been disbursed

273 potential days of livelihood

₹ 26,665.33 is
the current outstanding balance
66.67 0 33.33 13335 0 6665

67%

0%

33%

About Laxmi

Laxmi Bai Arya is a 35-year old woman living in Khandwa and has 4 family members who are dependent on her. She has been working in the animal husbandry industry for the past 5 years and earns a good income. She is looking to purchase more goats and to build a shed for them. She has been operating her business on her own but is now looking to expand and wants to reach out to a larger market. With a loan from us, she will be able to purchase more goats and fodder. Join Laxmi Bai in her plans to expand her business.

About Laxmi Bai's livelihood

Laxmi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Laxmi will potentially obtain employment for 273 days.

Interest Rate

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

Investee
pays

7.00% flat p.a.

12.60% APR

Social
Investor

3.00%

5.40% APR

Impact
Partner

up to 3.00%

5.40% APR

Platform
charges

1.00%

1.80% APR

Loan Details

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

Investee
occupation

Animal husbandry

Investee Credit Rating:
Excellent

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.

Co-curated and referred by our Impact Partner

Spandan Samaj Sewa Samiti
   
Partner logo

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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₹ 3000

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3

Total: ₹3000

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