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Ravita

Agripreneur

Niwari, Madhya Pradesh

273 livelihood days

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Ravita

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Ravita financially to purchase additional buffalo and fodder for her farm.

Agripreneur

Madhya Pradesh

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Ravita

Ravita has been running an animal husbandry business for the last five years and has been able to eke out a decent living for herself and her family. Currently, she has a few buffaloes that produce milk to sell in the nearest milk society on a daily basis. This is the major source of income for her family of five. This loan will help Ravita increase the number of buffaloes she has, which will translate into a higher overall income for her as she will be able to sell more milk in the market. This loan will also help her buy fodder which is required to feed the animals and make them grow big and healthy. Invest in Ravita to expand her business and improve her lifestyle.

About Ravita 's livelihood

Ravita is an agripreneur who works 6 hours a day for 7 days a week. With this loan Ravita 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. Ravita has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS