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Mira

Bai

Agripreneur

Khandwa, Madhya Pradesh

30,000 has been disbursed

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mira

Bai

#vision#gogetter
Mira needs a loan to buy goats.

Agripreneur

Madhya Pradesh

30,000 has been disbursed

156 potential days of livelihood

9,995 is
the current outstanding balance

66.68 0 0 33.32 20005 0 0 9995

67%

0%

0%

33%


About Mira

Mira Bai is a hard-working woman who never shies away from making efforts to achieve her goals. Mira's husband, like many others in this area, is a farmer who relies on his animals to sustain their livelihood in the form of milk, which in turn generates income for the family. While her husband is busy in the fields and other areas, Mira uses her free time to take care of her animals and provide the necessary attention that the animals need to grow. Mira is committed to doing whatever it takes to ensure that her family is properly provided for. This loan will be used to buy more animals; her husband's business will expand, providing them with a solid financial foundation for the future.

About Mira Bai's livelihood

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

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Mira Bai 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

Loan Details

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

Investee Credit Rating:
Excellent

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

Spandan Samaj Sewa Samiti
   
Partner logo

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

FUNDS

INDIVIDUALS