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Janak Bai

#strength#ambitious
Support Janak as she needs to prepare her land for the new season.

Agripreneur

Pali, Rajasthan

30,000 loan needed

195 potential days of livelihood i

9,900 more to go in 18 days

9900 20100 0

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Janak Bai is a trained farmer from Pali, Rajasthan, and lives with a family of four. Her skills have developed over a span of seven years. Currently, she is in need of some credit to make arrangements for the upcoming sowing season. She will use the credit to level her land to prepare it for sowing. Invest in Janak as she hopes to reap a timely harvest.

I wish to build a big house for my family.

About Janak Bai's livelihood

Janak is an agripreneur who works 6 hours a day for 5 days a week. With this loan Janak will potentially obtain employment for 195 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

30,000

Loan
tenure

15 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

GHOOMAR MAHILA SAMITI

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.

9,900 more to go 18 days remaining

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