6rC2sR57ia21737616E6861F667158D254F18125C3

MUTHULAKSHMI

Borrower profile: She is working as a daily laborer in agriculture field and stays with her husband and a son
Loan purpose: To buy a cow for selling milk
Repayment Source: She is earning Rs.6000/- per month and her husband is earning Rs. 12000/- per month and her monthly income is expected to increase by Rs. 2500/- after buying a cow; from this income she will be able to pay EMI around Rs. 2750/- per month
Borrower's impact: It will help her to contribute to household expenses and increase the monthly income

Requires Rs. 30,000

Raised: Rs. 10,200NEED Rs.19,800




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