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Kali

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Kali

Devi

#Braveness # Hardworking
Kali Devi needs credit for buying a buffalo.

Agripreneur

Rajasthan

318 potential days of livelihood

₹ 50,000 loan is fully repaid

₹ 50,000 loan is fully repaid

About Kali

Kali Devi is a hardworking woman who lives in Tonk with her two year old son. Her husband is employed and is able to provide for the family; however, Kali Devi has been looking to expand her business. She's now looking to borrow a loan to buy a buffalo and is hoping to use the profit from this business to provide for her child's future and her family's needs. Kali Devi is looking to raise a loan to take her business to the next level - she will buy a buffalo, and it is expected that having a buffalo will increase and improve her daily profits. Overall, Kali Devi is looking to expand her livelihood activities to boost her income and her family's future. Fund Kali Devi's animal husbandry business as she buys a buffalo to take her business to the next level and earn a better income.

About Kali Devi's livelihood

Kali is an agripreneur who works 7 hours a day for 7 days a week. With this loan Kali 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. Kali Devi has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

4.00%

7.20% 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

Animal husbandry

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

Proceed to Pay

3

Total: ₹3000

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