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Champa Devi

#ambitious# zealous
Fund Champa's buffalo purchase so she can ensure her children are educated

Agripreneur

Ajmer, Rajasthan

40,000 Loan is fully repaid

364 potential days of livelihood i


Champa Devi has one dream; to educate her children so they can work for the government. With five years of experience in the animal husbandry business, Champa is ready to take a step forward in her venture and grow her income. Her daughter Sumitra and son Girdhari are still studying in school and Champa wants to ensure nothing comes in the way of her funding quality education for them. Champa has thus applied for a loan to buy an additional buffalo to add to her herd. She also wishes to save up a fund to construct a house for her family in her home town of Ajmer in Rajasthan. Support Champa on her endeavour today.

I dream of educating my children so they can work for the government.

About Champa Devi's livelihood

Champa is an agripreneur who works 8 hours a day for 7 days a week. With this loan Champa will potentially obtain employment for 364 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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