₹ 9,998 is
the current outstanding balance
67%
0%
17%
17%
Samoti Patil, a hard-working and persevering woman, lives in the district of Khandwa in Madhya Pradesh with her family. Samoti works in animal husbandry unit and also has been involved with domestic work and dairy farming for the past three years. She is looking to raise a new loan to expand her business. Samoti intends to buy the next batch of goats, build the goat shed, and overall expand her business. Invest in Samoti as she expands her venture.
Samoti is an agripreneur who works 4 hours a day for 6 days a week. With this loan Samoti will potentially obtain employment for 156 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Samoti 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
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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