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Parmila

Bai Bike

Agripreneur

Khandwa, Madhya Pradesh

30,000 has been disbursed

273 livelihood days

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Parmila

Bai Bike

##rangde #spandan #animalhusbandry
Support Parmila as she enhances her income by buying more goats.

Agripreneur

Madhya Pradesh

30,000 has been disbursed

273 potential days of livelihood

₹ 14,999 is
the current outstanding balance
60 0 20 20 15001 0 5000 4999

60%

0%

20%

20%

About Parmila

Parmila Bai Bike owns an animal husbandry unit in Khandwa, one of the chief cities of Madhya Pradesh. With an income from her business, Parmila has been able to support herself and her family for the past 3 years. Still, she lives within a constant pressure, as she is unable to meet all of her family's needs on time. She's looking for a loan to purchase more goats to enable her to enhance her income and support her family better. Invest in Parmila as she purchases more goats and expands her animal husbandry units.

About Parmila Bai Bike's livelihood

Parmila is an agripreneur who works 6 hours a day for 7 days a week. With this loan Parmila will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Parmila Bai Bike has consented to pay the interest as below:

Investee
pays

7.00% flat p.a.

12.60% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

3.00%

5.40% 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:
Very Good

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

Proceed to Pay

3

Total: ₹3000

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