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Madi

Agripreneur

Jhabua, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Madi

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

Agripreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Madi

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.

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.

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% 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