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Mira

Bai

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 30,000 has been disbursed

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

b-img b-img b-img

Mira

Bai

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

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 30,000 has been disbursed

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

30,000 is
the current outstanding balance


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.

I want to provide better for my family.

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.

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

30,000

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