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Fensi

Devi

logoAgripreneur

logo Pali, Rajasthan

logo 50,000 has been disbursed

logo 227 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Fensi

Devi

#positive#believer
Invest in Fensi Devi to fence her farm to protect her crops.

logoAgripreneur

logo Pali, Rajasthan

logo 50,000 has been disbursed

logo 227 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

19,994.81 is
the current outstanding balance

90.02 0 9.98 30005 3328 0

90%

10%

0%


Fensi Devi, a resident of Pali, is an experienced farmer who has been able to work in her field for the past nineteen years. She sells her produce from the farm and with the proceeds she is able to sustain herself, her family, and pay for her children's education. This loan will help her fence her farm, it will enable her to help improve the conditions in her field, and gain more profits while ensuring the safety of her crops. With the profits she will be able to educate her children properly and help each of her children find a job in future. Support her now!

I wish to cultivate more varieties of crops.

About Fensi Devi's livelihood

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

50,000

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