false
false 0 0 Xs5B7FX3dw

Basanti

Bai

logoAgripreneur

logo Pali, Rajasthan

logo 50,000 has been disbursed

logo 162 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Basanti

Bai

#breadwinner#hardworking
Basanti Bai needs credit for buying a tractor for ploughing her farm. .

logoAgripreneur

logo Pali, Rajasthan

logo 50,000 has been disbursed

logo 162 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

44,442.7 is
the current outstanding balance

100 0 0 5557 0 0

100%

0%

0%


Basanti Bai has been farming her land for over three years now. She is from Pali, Rajasthan and feeds a family of five. Her experiences have taught her many lessons. She is strong and hopeful at the sight of peril. Currently, she is struggling to meet her credit needs. She wants to buy a tractor for her farm to perform implements like ploughing, tilling, sowing, and harrowing. This will reduce the labour cost to a large extent and will be of great use for her farming needs. Reduction in labor cost will also help her to save some amount of her income for her future savings. The sowing of seeds at the right time is essential. This loan will help her subsist and meet the expenses of all her requirements. Invest in Basanti's will to thrive.

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

About Basanti Bai's livelihood

Basanti is an agripreneur who works 5 hours a day for 5 days a week. With this loan Basanti will potentially obtain employment for 162 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

50,000

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