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Madi

logoAgripreneur

logo Jhabua, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Madi

#ambitious#achiever
Invest in Madi to purchase more cows to expand her animal husbandry.

logoAgripreneur

logo Jhabua, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

16,666.66 is
the current outstanding balance

20 50 30 3333 5000 8333

20%

30%

50%


Madi is a farmer who lives in Jhabua, Madhya Pradesh. She tends to her cows, with the help of her children and husband who work on their family farm. She has had eight years of experience in the animal husbandry business, and her supply of milk at the local milk marketing society has been steady for the past several years. Her profits are consistent, and she's able to save up some money every month. This loan will allow her to purchase another two cows, which will add to her milk supply and produce more profit. Invest in Madi, who is making great strides in a very competitive market to become a more successful business person.

I wish to add more animals to my farm.

About Madi 's livelihood

Madi is an agripreneur who works 8 hours a day for 7 days a week. With this loan Madi 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.

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

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

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

2.00%

3.60% 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