₹ 19,995 is
the current outstanding balance
33%
0%
17%
50%
Sarswati Bai lives in the district of Khandwa in Madhya Pradesh along with her husband and 2 sons, and has been involved in the animal husbandry business for the past four years. She is looking to expand her business of goat farming. She's looking to raise a loan to buy additional goats and expand her goat farming enterprise. This addition of goats will in turn help her in getting an increased income. Invest in Sarswati as she expands her enterprise.
Sarswati is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sarswati 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. Sarswati 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
₹ 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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