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Sangita

Kumari

Agripreneur

Khandwa, Madhya Pradesh

20,000 has been disbursed

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sangita

Kumari

#resilient# gogetter# ambitious
Sangita Kumari needs credit to add goats to her herd.

Agripreneur

Madhya Pradesh

20,000 has been disbursed

156 potential days of livelihood

3,331.32 is
the current outstanding balance

83.34 0 0 16.66 16669 0 0 3331

83%

0%

0%

17%


About Sangita

For Sangita Kumari, the most important thing is family prosperity. A resident of Khandwa, and a hard-working woman, Sangita is a mother of four. Sangita works primarily in the animal husbandry business. With a huge family to support she is constantly burdened with the pressure to earn more money. With this loan, Sangita will be able to purchase more goats and will be used for milk production. Additionally, upon selling goat milk, the income produced by this loan will also be utilised for strengthening her family's business and will help her build a sound future for her children.

About Sangita Kumari's livelihood

Sangita is an agripreneur who works 4 hours a day for 6 days a week. With this loan Sangita 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. Sangita Kumari 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