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Kali

Bai

Agripreneur

Pali, Rajasthan

182 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kali

Bai

#strong#ambitious
Support Kali have a quality life through the cultivation of her land.

Agripreneur

Rajasthan

182 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Kali

For over twenty years, Kali Bai has been toiling on her land. She is from Pali, Rajasthan. The COVID-19 crisis has put the family of five in great distress. With the sowing season just around the corner, Kali is looking to level and prepare her land and purchase a motor to fit in the tube well. The loan will help her meet the expenses of fixing irrigation facilities on her farm to ensure a bountiful harvest and start the new season on time. Invest in Kali to help her get through these tough times.

About Kali Bai's livelihood

Kali is an agripreneur who works 4 hours a day for 7 days a week. With this loan Kali will potentially obtain employment for 182 days.

Interest Rate

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