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Rekha Bai

Patil

Agripreneur

Khandwa, Madhya Pradesh

20,000 has been disbursed

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rekha Bai

Patil

#breadwinner#positive
Support Rekha financially to buy more goats for her farm.

Agripreneur

Madhya Pradesh

20,000 has been disbursed

156 potential days of livelihood

6,664.32 is
the current outstanding balance

66.68 0 0 33.32 13336 0 0 6664

67%

0%

0%

33%


About Rekha Bai

Rekha is a hard-working woman who knows perseverance, and this is what sets her apart from many others. Rekha resides in Khandwa, the city that serves as a home to many who work in the animal husbandry business. Rekha helps her husband in their animal husbandry business and feeds the goats with grass and nutritional fodder to grow beautiful and healthy offspring. When several challenges came her way she was determined to find a sound solution for them. This loan will help her purchase more goats which will be used for breeding; the additional income produced by selling goat milk will also benefit her greatly, allowing her to build a sound future for her children. Have your own share in supporting Rekha's mission!

About Rekha Bai Patil's livelihood

Rekha Bai is an agripreneur who works 4 hours a day for 6 days a week. With this loan Rekha Bai will potentially obtain employment for 156 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rekha Bai Patil 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

20,000

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