₹ 19,998 is
the current outstanding balance
60%
0%
20%
20%
Sushma Bai Uyke lives in Khandwa, Madhya Pradesh with her family of 6 members. She is married and runs a dairy farm. Sushma Bai had to start a small animal husbandry unit to cover daily expenses for herself and her family. Sushma Bai is looking for a loan to expand her dairy farm. Invest in Sushma Bai as she expands her animal husbandry units and purchases additional animals to make her business more profitable.
Sushma Bai is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sushma Bai 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. Sushma Bai Uyke 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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