₹ 19,997.33 is
the current outstanding balance
60%
0%
20%
20%
Rajvanti Oswal has been involved in agriculture for the past 4 years. She currently owns a small animal husbandry unit of 4 goats. However, the income that Rajvanti makes from her farming activity, isn't enough to meet all her family's basic needs. She wishes to use the loan to purchase more goats, which will further increase her income. Invest in Rajvanti as she buys more goats, and builds a shed for them.
Rajvanti is an agripreneur who works 4 hours a day for 6 days a week. With this loan Rajvanti 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. Rajvanti Oswal 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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