Kali Bai lives with her family of three. She has been cultivating a wide variety of vegetables for the past 10 years. Kali Bai wishes to expand her business further and decides to upscale production on her farm. She is in need of a loan to purchase quality fertilizers and seeds which will grow more vegetables. Kali Bai's dream will be closer to becoming a reality as you invest in her business.
Kali is an agripreneur who works 8 hours a day for 7 days a week. With this loan Kali will potentially obtain employment for 364 days.
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
6.00% flat p.a.
10.80% APR
Social
Investor
6.00%
10.80% APR
Platform
charges
0.00%
0.00% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 50,000
Loan
tenure
6 months
Moratorium
2 months
Repayment
mode
EMI
Investee
occupation
Farming
Established in
2015
With Rang De from
2021
Founded by
Mr. Sanjay kumar sharma
Manjari Foundation is a non-profit social development organization registered under section 8 of the companies' act 2013. Manjari Foundation, a registered non-profit organization established in May 2015, is committed to help women from marginalized communities overcome social injustice, poverty and exclusion. Manjari Foundation supports rural women initiative at grass-root levels to facilitate empowerment so that they can lead a dignified life. Manjari Foundation has come up with an effective and easily adaptable Manjari model which is capable of bringing in social and economic changes in adverse conditions.
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