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Durgavati

Devi

Agripreneur

Bahraich, Uttar Pradesh

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Durgavati

Devi

#breadwinner# hardworking
Durgavati needs credit to purchase a buffalo.

Agripreneur

Uttar Pradesh

227 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Durgavati

Durgavati Devi is a hard-working woman who knows perseverance, and this is what sets her apart from many others. She lives with her family of 5 in the district of Bahraich in Uttar Pradesh; this has required a significant investment from Durgavati.Durgavati has been involved with dairy farming and animal husbandry units for the past 5 years. Through her hard work and dedication, she has been able to grow her business and make a good profit. However, Durgavati's income is not enough to meet all her family's needs on time. She is looking to take a loan to purchase a buffalo.Invest in Durgavati as she acquires a milch buffalo and starts a new business.

About Durgavati Devi's livelihood

Durgavati is an agripreneur who works 5 hours a day for 7 days a week. With this loan Durgavati will potentially obtain employment for 227 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Durgavati Devi has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

Investee Credit Rating:
Very 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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS