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Kanku

Bai

Agripreneur

Pali, Rajasthan

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kanku

Bai

#resilient#hustler
Kanku needs to get tubewell for her farm and materials for her provision store.

Agripreneur

Rajasthan

234 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Kanku

Kanku is a bold and determined woman from Pali, Rajasthan, and has been engaged in farming for over twelve years. With the help of this loan, she will purchase tubewell and essential materials for setting up an efficient irrigation system for her farm before the new season begins. This will help her cultivate her land with ease and this will empower her to increase her revenues. She also has a small provision store and she will also use the loan to get the required stocks. This is the first step towards her goal of building a bigger, brighter future for herself, her family, and her business. Invest in Kanku's future!

About Kanku Bai's livelihood

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

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

1,00,000

Loan
tenure

15 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

Ghoomar Mahila Samiti
   
Partner logo

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS