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Kamlesh Devi

#selfless#humble
Enable entrepreneur Kamlesh upgrade the irrigation system on her farm

Agripreneur

Ajmer, Rajasthan

50,000 has been disbursed

364 potential days of livelihood i

13,888.86 is the current outstanding balance

100 0 0 36111 0 0

100%

0%

0%


Agripreneur Kamlesh Devi is ready to upgrade the irrigation system on her farm. Kamlesh has been running a farm for the past five years and wants to increase her output by maximizing the efficiency. She is looking to cut down on the time she spends in watering her crops by installing a water motor to her well and an additional pipeline to supply water to the crops. She is seeking credit to make these purchases so that she will no longer need to fetch water from the well manually and carry it to her farm. By doing so, Kamlesh will be able to increase her monthly income by selling more products from her farm. She hopes she will be able to use the funds to provide her children with a good education to enable her to become government servants in the future. Support Kamlesh on her selfless journey today.

I dream of seeing my children working for the government.

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.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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