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Geeta Devi

#pioneer#leader
Village leader, Geeta needs your support to repair her son’s truck

Agripreneur

Ajmer, Rajasthan

50,000 has been disbursed

364 potential days of livelihood i

27,083.26 is the current outstanding balance

100 0 0 22917 0 0

100%

0%

0%


Geeta Devi is currently a representative of her ward council. She is a businesswoman running a farming and animal husbandry business to support her family. She has five years of experience in the farming sector and eight years of experience in the animal husbandry sector and is a pioneer within her community. Her oldest son, owns a truck which is used to provide transportation of the produce of the farming business. His truck has however not been in use since it awaits major repairs and replacement of tyres. Geeta is now seeking a loan to finance the repairs needed for her son's truck. She hopes this will get her business back on track so she can continue saving up to buy a new truck in the future. Geeta is driven by an even bigger dream to become a 'Sarpanch' which is the local village leader to represent her small community to help bring about changes to benefit the residents. Support Geeta as she rises for her community.

My dream is to become a 'Sarpanch' in the 'Gram Panchayat'.

About Geeta Devi's livelihood

Geeta is an agripreneur who works 8 hours a day for 7 days a week. With this loan Geeta will potentially obtain employment for 364 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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