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Mukesh

Uike

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 40,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Mukesh

Uike

##rangde #spandan #animalhusbandry
Mukesh is in need of a loan for buying goats for his goat rearing unit.

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 40,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

40,000 is
the current outstanding balance


Mukesh from Khandwa is survived by his wife and 2 kids. He is into goat rearing activity for the past 4 years and manages to run his family with the income he gets from this activity. He will purchase goat kids, nurture them and provide them with healthy food and shelter. Once the goat kids are of good weight, he will sell them in the market, during the festival season and earn some profit. This extra income will help him to save some amount for his future expenses. He is not able to contribute the amount for the goat purchase and hence requests a loan. He will also set aside a part of the loan for building shelter for the goat kids. Invest in Mukesh's loan requirement today and motivate him to succeed in his goal.

My dream is to enjoy a secure future with my family

About Mukesh Uike's livelihood

Mukesh is an agripreneur who works 8 hours a day for 7 days a week. With this loan Mukesh will potentially obtain employment for 364 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

40,000

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