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Rakhi

Bai

Agripreneur

Khandwa, Madhya Pradesh

40,000 has been disbursed

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rakhi

Bai

#breadwinner #hardworking
Empower Rakhi Bai by investing in her loan requirement to buy goats.

Agripreneur

Madhya Pradesh

40,000 has been disbursed

273 potential days of livelihood

19,996.33 is
the current outstanding balance

50.01 0 16.67 33.32 20004 0 6667 13330

50%

0%

17%

33%


About Rakhi

Rakhi Bai boasts of a determined spirit that has helped her earn a good income. She lives with her family of 4 members in the district of Khandwa in Madhya Pradesh. Rakhi Bai owns an animal husbandry unit in Khandwa and has been involved with dairy farming and animal husbandry for the past 3 years. She uses the income that she makes from this to support her family. Rakhi Bai hopes to raise a loan to buy more animals and expand her business, she is looking to raise a loan to purchase additional goats, and overall expand her business. Invest in Rakhi Bai as she expands her animal husbandry unit, purchases additional goats and constructs a new shed for them.

About Rakhi Bai's livelihood

Rakhi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Rakhi 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. Rakhi 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

Loan Details

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

Investee Credit Rating:
Excellent

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

3

Total: ₹3000

FUNDS

INDIVIDUALS