₹ 6,663.33 is
the current outstanding balance
83%
17%
0%
0%
Sunita Bai lives in the district of Khandwa in Madhya Pradesh. With a family of five members, income is the biggest challenge for her and the family. Sunita Bai has been in animal husbandry for five years and has been successful in it, however, it's still not enough to afford each day's needs and long-term wishes. To increase her household income, she wishes to purchase more goats for her animal husbandry unit. Invest in Sunita's business and encourage her dreams.
Sunita is an agripreneur who works 4 hours a day for 6 days a week. With this loan Sunita 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. Sunita 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
₹ 40,000
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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