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Basu

Bai

logoAgripreneur

logo Pali, Rajasthan

logo 60,000 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

Basu

Bai

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

logoAgripreneur

logo Pali, Rajasthan

logo 60,000 has been disbursed

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

20,000 is
the current outstanding balance

100 0 0 40000 0 0

100%

0%

0%


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.

I wish to cultivate more varieties of crops.

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.

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

60,000

Loan
tenure

15 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