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Suman

Korku

Agripreneur

Khandwa, Madhya Pradesh

30,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Suman

Korku

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

Agripreneur

Madhya Pradesh

30,000 has been disbursed

364 potential days of livelihood

19,999 is
the current outstanding balance

40 0 20 40 10001 0 5000 9999

40%

0%

20%

40%


About Suman

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.

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.

Interest Rate

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

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