₹ 5,966 is
the current outstanding balance
100%
0%
0%
0%
Sagita Bai owns an animal husbandry unit in Khandwa and has been involved with dairy farming for the past five years. Despite the income that she makes from her business, she struggles to meet her family's needs on time. With a dream of providing good education to her children, she is looking to expand her business with the addition of more goats to her farm. Invest in Sagita as she expands her animal husbandry units, and purchases additional goats to enhance her income.
Sagita Bai is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sagita Bai will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sagita Bai Uike 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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