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Ganga

Bai

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Ganga

Bai

#provider#positive
Ganga needs some credit to purchase a pipe for irrigation.

Agripreneur

Rajasthan

318 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Ganga

Ganga is a resident of Tonk, a hard-working woman, and a skilled farmer. Ganga works hard on her land, but despite all her efforts, she cannot fully utilize her land for agricultural purposes. The lack of adequate irrigation facilities forces Ganga to bear losses. Now, with the ill effects of the pandemic, her family is faced with an additional challenge, the lack of funds. Water shortage is causing them to lose the yield from their land. The additional credits will allow her to purchase a pipe that will provide her crops with water from the nearby river; the subsequent higher yield in their crops will allow her to provide her family with a better lifestyle. Invest in Ganga to support her mission of contributing towards the growth of her family's business.

About Ganga Bai's livelihood

Ganga is an agripreneur who works 7 hours a day for 7 days a week. With this loan Ganga 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. Ganga Bai 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

30,000

Loan
tenure

12 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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS