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Champa

Devi

Agripreneur

Pali, Rajasthan

1,00,000 has been disbursed

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Champa

Devi

#believer#strength
Invest in Champa as she wishes to fix irrigation for her land.

Agripreneur

Rajasthan

1,00,000 has been disbursed

234 potential days of livelihood

13,328.33 is
the current outstanding balance

86.67 0 0 13.33 86672 0 0 13328

87%

0%

0%

13%


About Champa

Champa has been farming her land for over twenty-five 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 has to harvest the castor and cotton she has grown on the last season and make arrangements for irrigation facilities to begin the new season. This loan will help her meet all the harvesting expenses and get a diesel engine for the tube well on her land. This will give her a good yield. Invest in her will to thrive.

About Champa Devi's livelihood

Champa is an agripreneur who works 6 hours a day for 6 days a week. With this loan Champa will potentially obtain employment for 234 days.

Interest Rate

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

1,00,000

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS