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Kali

Devi Meena

Agripreneur

Tonk, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kali

Devi Meena

#breadwinner#hardworking
Kali Devi needs credit to set up irrigation facilities on her farm.

Agripreneur

Rajasthan

318 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Kali

Kali Devi Meena, a resident of Tonk in Rajasthan, has had to face many struggles in her life and finds it hard to meet her household expenses. She is one of the key persons in her family and takes the responsibility of running the family's farm. She plans to purchase pipes to utilize the groundwater for irrigating crops. This will help her produce more crops and will increase her income substantially and allow her to easily meet the financial needs of her family. Support her as she supports her family.

About Kali Devi Meena'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 Meena 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

25,000

Loan
tenure

12 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