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Suman Bai

Solanki

Agripreneur

Khandwa, Madhya Pradesh

195 livelihood days

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Suman Bai

Solanki

#courageous#go-getter
Support Suman so that she can buy goats and expand her business.

Agripreneur

Madhya Pradesh

195 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Suman Bai

Suman Bai is an enterprising, strong-willed, and highly determined woman with all it takes to be a successful businesswoman. Suman handles the financial responsibilities of her family on her own, running the animal husbandry business, purchasing fodder, and feeding the goats with grass. She started the business by selling her jewelry and using her savings. Now, she plans for an expansion and she needs support from Rang De. With the loan, she will be able to buy more goats and enhance her income. Have your share of supporting Suman Bai's mission towards developing herself and her business.

About Suman Bai Solanki's livelihood

Suman Bai is an agripreneur who works 5 hours a day for 6 days a week. With this loan Suman Bai will potentially obtain employment for 195 days.

Interest Rate

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

30,000

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