false
false 0 0 UvKLZ6cBsd

Babli

Bai

logoAgripreneur

logo Pali, Rajasthan

logo 40,000 has been disbursed

logo 195 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Babli

Bai

#breadwinner#hardworking
Babli Bai needs to make arrangements for the upcoming season.

logoAgripreneur

logo Pali, Rajasthan

logo 40,000 has been disbursed

logo 195 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,332.8 is
the current outstanding balance

100 0 0 6667 0 0

100%

0%

0%


Babli Bai lives in the village of Pali in the district of Seoni in Madhya Pradesh. With 5 family members, Babli is a woman who knows the difficulties that crop farming can bring. However, she perseveres and is dedicated to raising her income. Babli lives off the income she earns from farming. She cultivates vegetables, but her income isn't stable due to the nature of her work. She wishes to help her family enjoy a comfortable and secure future, and to make arrangements for the upcoming farming season by raising a loan. With this loan, Babli wishes to make arrangements for the upcoming season including tar banding. Invest in Babli as she makes preparations for the upcoming farming season.

My dream is to enjoy a secure future with my family.

About Babli Bai's livelihood

Babli is an agripreneur who works 6 hours a day for 5 days a week. With this loan Babli will potentially obtain employment for 195 days.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% APR

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

Loan
amount

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

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.

Ghoomar Mahila Samiti
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0