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Suman

Korku

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Suman

Korku

#breadwinner hardworking
Support Suman’s plan to add more goats to her farm.

logoAgripreneur

logo Khandwa, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000 is
the current outstanding balance


Suman from Khandwa, Madhya Pradesh is survived by her husband and 2 sons. She is a hardworking woman and is involved in the animal husbandry activity for her livelihood. She rears goats, nurtures them and then sell them in the market for a good price. She will also sell the goat milk in her neighbour hood and earns an income out of the goat milk sales. The income she earns is sufficient to meet the day to day expenses of the family and nothing is left to invest in her business. Hence Suman has decided to go for a loan for buying more goats, wanted to invest considerable time in nurturing them and then sell them at a good profit. She will also set aside some amount of the loan for the goat feed and shelter. Motivate Suman by investing in her business expansion.

My dream is to enjoy a secure future with my family.

About Suman Korku's livelihood

Suman is an agripreneur who works 8 hours a day for 7 days a week. With this loan Suman 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.

Investee
pays The rate of interest charged to the investee

7.00% flat p.a.

12.60% APR

Social
Investor The rate of return an investor makes

3.00%

5.40% APR

Impact
Partner The rate of return an impact partner makes

up to 3.00%

5.40% APR

Platform
charges The charges, the platform incurs by offering it's services

1.00%

1.80% 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 Equated Quarterly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Spandan Samaj Sewa Samiti
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0