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Banti

Devi

Agripreneur

Tonk, Rajasthan

409 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Banti

Devi

#breadwinner#hardworking
Support Banti arrange irrigation facilities on her farm and have a successful season.

Agripreneur

Rajasthan

409 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Banti

Banti Devi needs to begin the new season. She is from Tonk, Rajasthan, and lives with a family of three. The disruption due to the COVID-19 crisis has made it difficult for Banti to procure essential supplies. She is falling short of options and time is ticking. With the help of this loan, she will be able to buy all the essentials required for setting up irrigation on her land and begin the season on time. This will help her to have a successful harvest and fulfilling the needs of her family.

About Banti Devi's livelihood

Banti is an agripreneur who works 9 hours a day for 7 days a week. With this loan Banti will potentially obtain employment for 409 days.

Interest Rate

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