₹ 4,998 is
the current outstanding balance
83%
0%
0%
17%
Samota Bai is the primary earner in her family and she runs a sustainable business in animal husbandry. Her business prompted her to buy more goats but lacks the funds to do so. She needs a loan to purchase the goats so that she can expand her business. The additional income earned by selling goat's milk to the local dairy society will be used for the growth of her family's income and to help her children's education. Invest in Samota to lead a better life!
Samota Bai is an agripreneur who works 8 hours a day for 7 days a week. With this loan Samota 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. Samota Bai Silale 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
₹ 30,000
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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