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Padma

Patel

Agripreneur

Khandwa, Madhya Pradesh

40,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Padma

Patel

##rangde #spandan #animalhusbandry
Padma needs credit to purchase a few goats.

Agripreneur

Madhya Pradesh

40,000 has been disbursed

364 potential days of livelihood

19,996.33 is
the current outstanding balance

50.01 0 16.67 33.32 20004 0 6667 13330

50%

0%

17%

33%


About Padma

Padma Patel is hard working and has been involved with animal husbandry for the past five years. In spite of being involved with the business and making a profit, Padma has found it difficult to meet all her family's needs on time. In search of a brighter future for herself and her family, Padma is looking to expand her business further. Padma wishes to receive credit and purchase a few additional goats. This will allow her to expand her business and raise more income for her family. Invest in Padma as she expands her animal husbandry business and purchases more animals.

About Padma Patel's livelihood

Padma is an agripreneur who works 8 hours a day for 7 days a week. With this loan Padma 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. Padma Patel 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

40,000

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