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Samoti

Bai

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 40,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Samoti

Bai

#resilient#hustler
Invest in Samoti's animal husbandry unit.

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 40,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

40,000 is
the current outstanding balance


Samoti Bai is a member of a family of five. She is involved in animal husbandry for the past three years and has used her income to support her family and raise her children. In the past, she was able to prove her success in animal husbandry and increase the number of animals that she has; however, she still faces significant challenges to run an animal husbandry unit on her own. She wishes to use the loan to expand her business and enhance her income. Invest in Samoti Bai as she buys more Goats and expands her business of animal husbandry.

I wish to give a good future to my children.

About Samoti Bai's livelihood

Samoti is an agripreneur who works 6 hours a day for 7 days a week. With this loan Samoti will potentially obtain employment for 273 days.

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

Investee
pays The rate of interest charged to the investee

7.00% flat p.a.

12.60% APR

Social
Investor The rate of return an investor makes

3.00%

5.40% APR

Impact
Partner The rate of return an impact partner makes

up to 3.00%

5.40% APR

Platform
charges The charges, the platform incurs by offering it's services

1.00%

1.80% 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 Equated Quarterly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Spandan Samaj Sewa Samiti
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0