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Kamlesh

Devi

Agripreneur

Ajmer, Rajasthan

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4 Borrower Image 5

Kamlesh

Devi

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

Agripreneur

Rajasthan

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Kamlesh

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.

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

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Investee
occupation

Farming

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

Rajasthan Mahila Kalyan Mandal

   
Rajasthan
Partner since 2019
Partner logo

About

Rajasthan Mahila Kalyan Mandal Sanstha, Ajmer founded in 1975 started working in the field of disability & rehabilitation since 1988. Organization started Community Based Rehabilitation program in 1998 for those Children With Special Needs who couldn’t reached Day Care Centre due to transport or any other reason. Presently, Organization is working with more than 1900 CWSN in Rajasthan. RMKM works with rural communities and Persons With Disability to rehabilitate them by enabling ownership over environment, institutions and communication. The areas in which we work towards a more empower and equitable future are as follows: Education and Inclusion, Health, Livelihood Promotion and Micro-Credit, Human Resources Development

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.

Rupees Icon

Rs 37,05,000

Disbursed
User circle icon

80

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS