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Kamla Devi

Meena

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Kamla Devi

Meena

#Braveness # Hardworking
Kamla Devi requires funds for purchasing a buffalo.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Kamla Devi

Kamla Devi Meena is a mother of 3 children, who is married and lives in Tonk (Rajasthan). Kamla Devi has been involved in animal husbandry for the past 10 years, and has been working with her husband. Kamla Devi has been providing for the basic needs of her family from her income from the dairy busines. With a dream of providing for a better future for her family, Kamla Devi wants to raise a loan to purchase a buffalo. With the help of this loan, Kamla Devi will be able to expand her business of animal husbandry and is hopeful that her family will finally be able to live a secure life free from worry. Invest in Kamla Devi Meena as she purchases a buffalo, builds a shed for it, and generates a monthly income.

About Kamla Devi Meena's livelihood

Kamla Devi is an agripreneur who works 7 hours a day for 7 days a week. With this loan Kamla Devi 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. Kamla Devi Meena 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:
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