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Magaray

Jambekar

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 40,000 has been disbursed

logo 156 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Magaray

Jambekar

#passionate#achiever
Support Magaray to add more goats to her farm.

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 40,000 has been disbursed

logo 156 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

40,000 is
the current outstanding balance


Magaray Jambekar is a hard-working woman who is on the journey of providing a better life for her family. She runs an animal husbandry unit for over four years now. Magaray grows crops on her land and also looks after animals to earn an income. She's looking to expand her business further and needs a loan to purchase more goats to expand her farm and increase her income. Invest in Magaray as she hopes to lead a better life with the profit from her business!

I wish to enjoy a secure future with my family.

About Magaray Jambekar's livelihood

Magaray is an agripreneur who works 4 hours a day for 6 days a week. With this loan Magaray will potentially obtain employment for 156 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

7.00% flat p.a.

12.60% APR

Social
Investor The rate of return an investor makes

3.00%

5.40% APR

Impact
Partner The rate of return an impact partner makes

up to 3.00%

5.40% APR

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

1.00%

1.80% APR

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 Equated Quarterly 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.

Spandan Samaj Sewa Samiti
   

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0