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Rabi

Ahamad

Agripreneur

Barabanki, Uttar Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rabi

Ahamad

#Brave#reselient
Rabi needs credit to purchase goats and fodder.

Agripreneur

Uttar Pradesh

318 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Rabi

Rabi Ahamad is a small-time farmer in Barabanki, a district in Uttar Pradesh. For the last five years, he has been involved in animal husbandry and dairy farming. He is the sole breadwinner in his family. He has been engaged in this trade for a long time. The income Rabi generates from this business is barely enough to meet the needs of his family. The one thing that he doesn't compromise with is the food and health of the animals that he owns. He gives them only the best quality fodder and medical care. Rabi is requesting a loan of Rs. 30,000. He will use it to purchase more animals, and feed for the new specimens. He also wishes to buy a new shed and so it will be strong enough to safely accommodate the new additions to his herd.

About Rabi Ahamad's livelihood

Rabi is an agripreneur who works 7 hours a day for 7 days a week. With this loan Rabi will potentially obtain employment for 318 days.

Interest Rate

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

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

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

The Goat Trust
   
Partner logo

Established in

2008

With Rang De from

2022

Founded by

Mr. Sanjeev Kumar

The Goat Trust is a charitable trust that works to promote small livestock based businesses ( Goat/sheep/ Backyard birds rearing) by building support institutions and providing market linkages. Mandated as a research organization to provide handholding, training, financing and standardized marketing mechanism, The Goat Trust, works on development of pro poor small livestock farming systems, technologies and market development through collaboration and networking with various stakeholders. TGT also works as a platform to promote cross learning, accentuate action research to generate knowledge, experiences and make it available to a larger set of players within and outside India.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS