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Foranta

Devi Mohan lal

Agripreneur

Tonk, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Foranta

Devi Mohan lal

#breadwinner#hardworking
Invest in Foranta's animal husbandry unit.

Agripreneur

Rajasthan

318 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Foranta

Foranta Devi Mohan Lal is devoted to her work and is a hard-working woman who knows perseverance. She lives with her family of 4 in the district of Tonk in the state of Rajasthan. She owns an animal husbandry unit in Tonk and has been involved with dairy farming for the past 10 years. Despite the income that Foranta makes from her business, she struggles to meet all her family's needs on time. With a dream of providing for a better and secure future for her family, she is looking to invest in purchasing more cows and invest in her business of animal husbandry. Invest in Foranta Devi and her dreams.

About Foranta Devi Mohan lal's livelihood

Foranta is an agripreneur who works 7 hours a day for 7 days a week. With this loan Foranta will potentially obtain employment for 318 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

4.00%

7.20% APR

Loan Details

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

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

Maitree Mahila Mandal Samiti Dooni
   
Partner logo

Established in

2009

With Rang De from

2020

Founded by

Geeta Devi

Maitree Mahila Mandal Samiti Dooni works with small and marginal farmers from Rajasthan. The major source of income is agriculture and income through migration. The average landholding of farmers that the federation works with is about 1 acre while a few communities are also landless. As a result of lockdown, most of the community members have migrated back to the villages and the means of income is adversely affected. As a result, the cash flows of the community members are hit. These community members are looking for an alternative source of income by reviving their agricultural activities. Maitree supports the communities with the best agriculture and technical practices to ensure a good yield. Maitree Mahila Mandal Samiti Dooni is promoted by SRIJAN.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS