Santosh is an animal husbandry businesswoman from Khandwa, Madhya Pradesh. The main income for her family of seven is from animal husbandry. She has been in this business for over six years and wants to expand it for a better income. She needs a loan to buy more goats for breeding. She will also use the loan to purchase fodder for the farm and necessary medicines. She wishes to increase the number of goats on her farm and start a big dairy unit in the near future. Support her now!
Santosh is an agripreneur who works 4 hours a day for 6 days a week. With this loan Santosh 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. Santosh Bai 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
₹ 20,000
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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