false
false 0 0 K7hfijeSSU

Vasu

Devi

logoService Entrepreneur

logo Pali, Rajasthan

logo 1,00,000 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

Vasu

Devi

#ambitious#passionate
Support Vasu Devi to level her farm for the new season.

logoService Entrepreneur

logo Pali, Rajasthan

logo 1,00,000 has been disbursed

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

53,333.31 is
the current outstanding balance

77.78 0 22.22 46667 13333 0

78%

22%

0%


Vasu Devi is a resident of Pali, a dynamic woman, and a mother of two. She works hard to contribute her efforts to her family's welfare. She has been involved in this profession for over ten years. Her crops are grown without the use of chemical pesticides or fertilizers. The output she produces will be used to feed her family and also to sell in the local market. While it is a Herculean task to manage the duo tasks of motherhood and farming, the road to success is never easy. She will use this loan to build improved irrigation systems and to level her farm for the new season. She also plans to open a grocery shop as means of additional income. Invest in Vasu Devi now!

I wish to explore better farming techniques.

About Vasu Devi's livelihood

Vasu is a service entrepreneur who works 6 hours a day for 5 days a week. With this loan Vasu 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

1,00,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Others

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