₹ 19,999 is
the current outstanding balance
50%
25%
25%
With perseverance and hard work, Minal has reached great heights. She earns a living by raising goats and supports her husband in meeting the family's needs on time. She now wishes to expand her business and needs a loan for the same. She plans to buy more goats and increase her income. With your support, she can buy more goats to add to her farm, gain a higher income, and achieve the dreams which have always been just out of reach. Support her today!
Minal is an agripreneur who works 7 hours a day for 6 days a week. With this loan Minal will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Minal Sate 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
Impact
Partner
up to 3.00%
5.40% APR
Platform
charges
1.00%
1.80% 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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