false
false 0 0 6NDZys2jft

Kani

Bai

logoAgripreneur

logo Pali, Rajasthan

logo 90,000 has been disbursed

logo 234 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Kani

Bai

#positive#courageous
Kani needs credit to repair the well on her farm land for irrigation.

logoAgripreneur

logo Pali, Rajasthan

logo 90,000 has been disbursed

logo 234 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

41,996.24 is
the current outstanding balance

100 0 0 48004 0 0

100%

0%

0%


Kani Bai, a woman farmer from a village in Pali District is another aspiring entrepreneur who is looking for a loan to readily meet the requirements of her farming venture. She has one acre of land and lives with her husband and children. Farming is the only source of income for Kani and she does this whole-heartedly by working hard on her farm lands for a better future for her family. She wants to further develop her farmland and needs funds to carry out the repairs on her wells and to deepen them. This will help her in irrigating her crops in the upcoming cultivation season. Kani will be able to meet her goals and continue farming with dignity. Support her now!

I wish to give a good future for my children.

About Kani Bai's livelihood

Kani is an agripreneur who works 6 hours a day for 6 days a week. With this loan Kani will potentially obtain employment for 234 days.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% APR

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

Loan
amount

90,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Ghoomar Mahila Samiti
   

Established in

2015

With Rang De from

2020

Founded by

SAGI BAI

Registered under the societies registration act on 2nd February 2015, the federation comprises 4000 women. The federation works with the tribal communities of Rajasthan. The main source of income for the communities here is agriculture, stone-cutting and daily wage labour. With a strong presence of moneylenders charging exorbitant rates of interest, these communities have no other choice but to borrow at these rates to keep their business going. Ghoomar has been working tirelessly with these communities to help them build their livelihoods in a more sustainable manner by providing them with access to low cost credit and supporting their livelihood activities.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0