₹ 19,996.33 is
the current outstanding balance
50%
0%
17%
33%
Ramwati Bai is a mother, who depends entirely on the animal husbandry business for her livelihood. She owns an animal husbandry unit in Khandwa and has been involved in this business for the last three years. With a loan from Rang De, she wants to purchase goats and fodder for her business, so that her business grows further. She believes that this will enable her to increase her household income. Invest in Ramwati Bai's dreams.
Ramwati is an agripreneur who works 4 hours a day for 6 days a week. With this loan Ramwati 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. Ramwati 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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