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Purna Bai

Uikey

Agripreneur

Betul, Madhya Pradesh

234 livelihood days

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Purna Bai

Uikey

#breadwinner#hardworking
Support Purna to expand her farming and animal husbandry business.

Agripreneur

Madhya Pradesh

234 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Purna Bai

Purna is a resident of Betul and is known for her dedication to farming and animal husbandry and owns two acres of land and quite a few animals. Purna has been experiencing a supportive journey with her husband. Together they expand their farming and animal husbandry business to continue their family's tradition. This loan will help her buy seeds, fertilizer, and other farming inputs to grow more crops. The additional funds will enable her to support her family's livelihood by adding more animals to her farm as well. The loan will enable her to give proper care to her animals while running the new cultivation season successfully. Support Purna now!

About Purna Bai Uikey's livelihood

Purna Bai is an agripreneur who works 6 hours a day for 6 days a week. With this loan Purna Bai will potentially obtain employment for 234 days.

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
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

ASA Development Services
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

Mr. Ashis Mondal

ASA Development Services (ASADS) is a non-profit company that was started in 2007 to utilise approaches of partnership, collaboration, resource pooling, and knowledge sharing to accelerate the process of development of the rural poor. ASADS complements work of its promoting organization Action for Social Advancement (ASA), by layering support services on the field. ASADS builds crucial financial links between the poor and the lending partners in the sector to bridge the gap of rural and urban development.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS