false
false 0 0 dcKvHrLRQk

Fori

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Fori

Devi

#hustler#dedicated
Let Fori purchase diesel engine and water pump to fix irrigation facilities.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Fori

With over ten years of experience in farming and animal husbandry, Fori Devi has become a skilled farmer in her village in Tonk, Rajasthan. Living with a family of six, she is looking forward to starting the new season on time. While ensuring the availability of quality inputs, she needs a loan to make arrangements for fixing irrigation facilities on her land. She will use the credit to purchase a diesel engine and water pump and meet the expenses of fixing these. This will ensure enough water for her crops throughout the season. Support Fori to have a good yield!

About Fori Devi's livelihood

Fori is an agripreneur who works 7 hours a day for 7 days a week. With this loan Fori 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. Fori Devi has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Investee
occupation

Farming

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS