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Kamlesh

Devi

Agripreneur

Alwar, Rajasthan

364 livelihood days

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Kamlesh

Devi

#provider#resilient
Support Kamlesh Devi buy a buffalo.

Agripreneur

Rajasthan

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Kamlesh

Meet Kamlesh Devi, a hard-working woman living in Alwar, Rajasthan. Kamlesh has been working as a farmer for the last eight years, supporting her family of five. She’s now looking to take a step forward with the support of a loan. Her plan is to purchase a buffalo, a potentially lucrative asset. Kamlesh hopes that through the sales of milk, she will be able to increase her income, support her big family and also kick start a small but successful dairy business. Invest in Kamlesh Devi to see her progress.

About Kamlesh Devi's livelihood

Kamlesh is an agripreneur who works 8 hours a day for 7 days a week. With this loan Kamlesh will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kamlesh Devi has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

2.00%

3.60% 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

24 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

Ibtada
   view website
Partner logo

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS