₹ 19,999 is
the current outstanding balance
60%
0%
20%
20%
Mishri Bai Oswal is a hard-working woman who knows perseverance and this is what sets her apart from many others. She lives in Khandwa with her family of four members. With a dream of providing a better and more secure future for her family, she is looking to grow her business further. She needs a loan to buy more goats and overall expand her business. Invest in Mishri Bai as she expands her goat rearing unit, purchases additional animals, and builds a new shed for them.
Mishri is an agripreneur who works 4 hours a day for 6 days a week. With this loan Mishri 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. Mishri Bai Oswal 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
₹ 40,000
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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