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Baga

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Baga

Devi

#breadwinner#hardworking
Invest in Baga Devi to purchase a water pump for irrigation.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Baga

Baga Devi is a hardworking woman who has been a farmer all her life and has been doing this job for almost twelve years now. She possesses a deep sense of perseverance that has helped her manage any challenges she has been faced with. She resides in Tonk district, a place where agriculture is a main source of living. She makes a living out of farming; she owns a small plot of land where she cultivates cotton, jowar, moong, and bajra. After a lot of hard work, her land is bearing bumper crops this season and as a result, she requires a water pump to irrigate her farm. A pump would greatly benefit Baga Devi as it will help her save a considerable amount of labor and time. This loan will help her buy a water pump for irrigation which will increase her income, and help her build a secure future for herself. Be a part of Baga Devi's mission to develop herself and contribute to the growth of her family's farm.

About Baga Devi's livelihood

Baga is an agripreneur who works 7 hours a day for 7 days a week. With this loan Baga will potentially obtain employment for 318 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Baga Devi has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% 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:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Maitree Mahila Mandal Samiti Dooni
   
Partner logo

Established in

2009

With Rang De from

2020

Founded by

Geeta Devi

Maitree Mahila Mandal Samiti Dooni works with small and marginal farmers from Rajasthan. The major source of income is agriculture and income through migration. The average landholding of farmers that the federation works with is about 1 acre while a few communities are also landless. As a result of lockdown, most of the community members have migrated back to the villages and the means of income is adversely affected. As a result, the cash flows of the community members are hit. These community members are looking for an alternative source of income by reviving their agricultural activities. Maitree supports the communities with the best agriculture and technical practices to ensure a good yield. Maitree Mahila Mandal Samiti Dooni is promoted by SRIJAN.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS