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Indra

Kumari

Agripreneur

Pali, Rajasthan

312 livelihood days

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Indra

Kumari

#dedicated#believer
Invest in Indra as she wishes to get a solar panel for her land.

Agripreneur

Rajasthan

312 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Indra

Indra Kumari is from Pali, Rajasthan, and lives with a family of five. The disruption due to the COVID-19 crisis has made it difficult for Indra to run her livelihood. She has been aspiring for a long time to get a solar panel of her own. With the help of this loan, she will be fixing a solar panel on her land which would give her family a continuous supply of electricity. Support Indra's dream now!

About Indra Kumari's livelihood

Indra is an agripreneur who works 8 hours a day for 6 days a week. With this loan Indra will potentially obtain employment for 312 days.

Interest Rate

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

1,00,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Adequate

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

Ghoomar Mahila Samiti
   
Partner logo

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS