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RANI

Borrower profile: She works as a daily wage laborer and stays with her husband and children
Loan purpose: To buy a cow for selling milk
Repayment Source: She is earning Rs.10000/- per month and her husband is earning Rs. 5000/- per month and her monthly income is expected to increase by Rs. 4000/- after buying a cow; from this income she will be able to pay EMI around Rs. 2750/- per month
Borrower's impact: It will enable her to improve her family?s financial status

Requires Rs. 30,000

Raised: Rs. 2,100NEED Rs.27,900




Lending Amount

Loan Details

Loan Amount Rs. 30,000Lenders Return10%
Repayment ModeMONTHMicroGraam Fee *7.00%
No of Installments12Processing Fee **1%
Total Cost to Borrower ***18.89%
* Charged during loan tenure + applicable GST
** Processing fee paid as part of first installment + applicable GST
*** Annual Percentage Rate + applicable GST