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Jhuma

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Jhuma

Devi

#resilient#hustler
Support Jhuma to purchase a water pump for her farm.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Jhuma

Jhuma Devi is a resident of Tonk, Rajasthan, and is a hard-working woman. Jhuma Devi owns a small farm that is irrigated by canal water. She is a very independent woman. When she was digging the soil around her farm, she saw the fruits of her hard work vanish when the soil would erode because of excessive rains. With the help of this loan, she will be able to purchase a water pump to use on her farm, which will increase her productivity significantly, allowing her to have extra income to support her children's education. In addition to this, the loan will also give her peace of mind by preventing any losses during the rainy seasons. Invest in Jhuma to support her mission of strengthening her family's future.

About Jhuma Devi's livelihood

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

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS