₹ 26,665.33 is
the current outstanding balance
50%
0%
50%
Vimla Patil has been associated with animal husbandry for the past five years. She is an active farmer, who loves her job and has a huge passion for animal husbandry. With her current income, she provides for her family in the best way she can. Now, she is looking to expand the business. She wishes to get a loan to purchase more goats so that she can enhance her income further. This will enable her to make better profits and reinvest in her business. Support Vimla's farm!
Vimla is an agripreneur who works 6 hours a day for 6 days a week. With this loan Vimla will potentially obtain employment for 234 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Vimla Patil 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
Impact
Partner
up to 3.00%
5.40% APR
Platform
charges
1.00%
1.80% 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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