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Neela

Bai Korku

Agripreneur

Khandwa, Madhya Pradesh

30,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Neela

Bai Korku

#Breadwinner Hardworking
Neela Bai needs a loan for buying goats for her goat farm.

Agripreneur

Madhya Pradesh

30,000 has been disbursed

364 potential days of livelihood

19,998 is
the current outstanding balance

40.01 0 20 39.99 10002 0 5000 9998

40%

0%

20%

40%


About Neela

Neela Bai Korku is a hard-working woman who knows perseverance, and this is what sets her apart from many others. She lives with her family of 5 members and her husband in a district of Khandwa in Madhya Pradesh. Neela Bai Korku has been involved with animal husbandry units, poultry farming and dairy farming for the past 5 years. Despite the income that Neela Bai earns from her businesses, she struggles to meet all her family's needs on time. With a dream of providing for a better and secure future for her family, she is looking to purchase more goats for her goat farm and expand her business. She dreams to build a shed for her goats and to expand her business. Invest in Neela Bai, who has decided to expand her goat farm.

About Neela Bai Korku's livelihood

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

Interest Rate

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

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS