₹ 9,997 is
the current outstanding balance
67%
0%
17%
17%
Sushila Bai is a resident of Khandwa in the state of Madhya Pradesh. She has been working in this animal husbandry business for the past 3 years. She has continuously worked hard to shape her business. With this loan, she will be able to purchase more goats which will help her earn a good amount of money. Her hard work will bring her prosperity and freedom. This loan will enable Sushila Bai to buy more goats for breeding which will eventually fetch her good amount.
Sushila is an agripreneur who works 4 hours a day for 6 days a week. With this loan Sushila 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. Sushila 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.
Share Sushila's profile
Invite your family and friends to view Sushila's profile on Rang De
