₹ 5,000 is
the current outstanding balance
83%
17%
0%
0%
Manita Chouhan is a hard-working woman who knows perseverance, and this is what sets her apart from many others. She has been involved with animal husbandry for the past two years and sells milk that she obtain from goats. She wants to improve her current income by expanding her business. She's looking for a loan to expand her goat business and purchase new goats to meet the future demand from her customers. Invest in Manita today!
Manita is an agripreneur who works 6 hours a day for 6 days a week. With this loan Manita will potentially obtain employment for 234 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Manita Chouhan has consented to pay the interest as below:
Investee
pays
7.00% flat p.a.
12.60% APR
Social
Investor
3.00%
5.40% APR
Platform
charges
4.00%
7.20% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 30,000
Loan
tenure
18 months
Moratorium
2 months
Repayment
mode
EQI
Investee
occupation
Animal husbandry
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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