₹ 19,996.33 is
the current outstanding balance
50%
17%
0%
33%
Rajanti Bai lives in the district of Khandwa in Madhya Pradesh with her family. She owns an animal husbandry unit and has been this business for the past three years. She has a dream to build a big house for her family to live in. She's looking to avail a loan to buy more goats so she can expand her business further and work towards her dream. This way, she can earn more to contribute to her household income and meet her family's needs on time. Support Rajanti's venture.
Rajanti is an agripreneur who works 4 hours a day for 6 days a week. With this loan Rajanti will potentially obtain employment for 156 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rajanti Bai 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
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
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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