Stemming from a family of farmers, Kanta has been working on the fields for the past fifteen years. She is a very diligent and hardworking woman who is extremely honest in her approach to her work. Her crops are ready to harvest and she needs some financial assistance to meet the expenses of hiring labor to harvest, thresh, and clean the grain. She will also be able to pay for the transportation and processing charges. Invest in Kanta to have a smooth harvesting experience!
Kanta is an agripreneur who works 7 hours a day for 7 days a week. With this loan Kanta will potentially obtain employment for 318 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kanta 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
Impact
Partner
up to 4.00%
7.20% APR
Platform
charges
2.00%
3.60% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 40,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Farming
Established in
2009
With Rang De from
2020
Founded by
Geeta Devi
Maitree Mahila Mandal Samiti Dooni works with small and marginal farmers from Rajasthan. The major source of income is agriculture and income through migration. The average landholding of farmers that the federation works with is about 1 acre while a few communities are also landless. As a result of lockdown, most of the community members have migrated back to the villages and the means of income is adversely affected. As a result, the cash flows of the community members are hit. These community members are looking for an alternative source of income by reviving their agricultural activities. Maitree supports the communities with the best agriculture and technical practices to ensure a good yield. Maitree Mahila Mandal Samiti Dooni is promoted by SRIJAN.
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