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Amiya

Bai

Agripreneur

Pali, Rajasthan

50,000 has been disbursed

234 livelihood days

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Amiya

Bai

#ambitious#positive
Amiya needs assistance to get a tubewell and motor for her field.

Agripreneur

Pali, Rajasthan

50,000 has been disbursed

234 potential days of livelihood

13,333.15 is
the current outstanding balance

84.62 0 15.38 36667 6667 0

85%

15%

0%


About Amiya

Amiya Bai, a resident of Pali, is a landless woman who lives with her husband, who is a small farmer. Amiya's husband is the sole provider for their children who go to school, so she wanted to help him by sharing the household expenses. They own two acres of land and cultivate rice and jowar on this land. For some years, the family has been getting poor yield from these fields, so Amiya decided to add a tubewell in their field and install a motor so that they can get more water for their crops and needs credit for the same. Amiya's determination to educate her children, especially her daughter, is an inspiration for many. She is committed to providing a better future for her children by ensuring their education. Invest in Amiya to provide a better life for her family!

About Amiya Bai's livelihood

Amiya is an agripreneur who works 6 hours a day for 6 days a week. With this loan Amiya will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Impact
Partner

up to 4.00%

7.20% APR

Platform
charges

2.00%

3.60% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Good

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Co-curated and referred by our Impact Partner

Ghoomar Mahila Samiti
   
Partner logo

Established in

2015

With Rang De from

2020

Founded by

SAGI BAI

Registered under the societies registration act on 2nd February 2015, the federation comprises 4000 women. The federation works with the tribal communities of Rajasthan. The main source of income for the communities here is agriculture, stone-cutting and daily wage labour. With a strong presence of moneylenders charging exorbitant rates of interest, these communities have no other choice but to borrow at these rates to keep their business going. Ghoomar has been working tirelessly with these communities to help them build their livelihoods in a more sustainable manner by providing them with access to low cost credit and supporting their livelihood activities.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS