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Pareva Bai

Barkhan

Agripreneur

Khandwa, Madhya Pradesh

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Pareva Bai

Barkhan

#dedicated#believer
Pareva needs credit to add more goats to her farm and enhance income.

Agripreneur

Madhya Pradesh

156 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Pareva Bai

Pareva Bai is a true hard-working woman and a mother of four who provides a bright spark in the lives of her children. Pareva has a three-year-old animal husbandry business in Khandwa with her husband who sells goat milk and goat products to the local market. Their business was at a standstill but now, with the loan she gets from Rang De, she will be able to increase the stock of goats and will be able to take her farm produce to a whole new level. This is the chance that Pareva has been eagerly waiting for. She also will be able to use the loan to purchase the much-needed fodder for the goats and reinvest in her business again to earn a larger income. This will help her make improvements to her family's home, and pay her children's school fees. Support her now!

About Pareva Bai Barkhan's livelihood

Pareva Bai is an agripreneur who works 4 hours a day for 6 days a week. With this loan Pareva Bai will potentially obtain employment for 156 days.

Interest Rate

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

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS