false
false 0 0 syAR73lLux

Choki

Bai

logoAgripreneur

logo Pali, Rajasthan

logo 1,00,000 has been disbursed

logo 162 livelihood days i

b-img b-img b-img

Choki

Bai

#strength#ambitious
Choki needs a loan to level the field and deepen the well.

logoAgripreneur

logo Pali, Rajasthan

logo 1,00,000 has been disbursed

logo 162 potential days of livelihood i

86,666.66 is
the current outstanding balance

50 0 50 13333 13333 0

50%

50%

0%


Choki is a hard-working woman who cultivates a piece of land for a living. In spite of the constant struggle in their life, Choki has been doing her best to move forward on her own. However, the lack of proper field leveling makes it difficult for her to prevent soil erosion and retain moisture in the soil. This loan will help Choki to level the field and deepen the well for adequate water supply. Enabling Choki and her family to produce a bountiful harvest.

I wish to upscale my farming activities.

About Choki Bai's livelihood

Choki is an agripreneur who works 5 hours a day for 5 days a week. With this loan Choki will potentially obtain employment for 162 days.

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

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

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 i

Investee
occupation

Farming

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

 

B

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

B

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