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Basu

Bai

Agripreneur

Pali, Rajasthan

195 livelihood days

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Basu

Bai

#breadwinner#hardworking
Invest in Basu to level her farm land for the upcoming season.

Agripreneur

Rajasthan

195 potential days of livelihood

60,000 loan is fully repaid

60,000 loan is fully repaid


About Basu

Basu Bai is a resident of the Pali district in India. She is married to a farmer and has been in this profession for approximately seventeen years. Basu has been very hard-working throughout her career, devoted to enhancing her farming skills and keeping her farm up to date with the most advanced equipment. With her livelihood, Basu is able to support her four dependent family members with nutritious food in their diet. Basu does not enjoy being in debt, but she could use the loan to level her farm land for the upcoming season. Invest in Basu to support her mission in leveling her farm and reap a quality harvest at the end of the season.

About Basu Bai's livelihood

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

Interest Rate

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

60,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
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

Ghoomar Mahila Samiti
   
Partner logo

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS