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Khimi

Devi

Agripreneur

Pali, Rajasthan

50,000 has been disbursed

234 livelihood days

Borrower Image 1 Borrower Image 2

Khimi

Devi

#positive#hustler
Khimi needs credit to deepen her well and purchase a new motor.

Agripreneur

Rajasthan

50,000 has been disbursed

234 potential days of livelihood

11,108.26 is
the current outstanding balance

77.78 0 0 22.22 38892 0 0 11108

78%

0%

0%

22%


About Khimi

Khimi Devi is a skilled farmer from Rajasthan who is hard-working and honest. Her household income is composed of her farming and payments received for working as a daily wage labourer. Although she owns the land on which she cultivates, it is not sufficient to generate income even her family's basic needs because her land lacks proper irrigation. She has a dream to explore better farming methods to enhance her yield and her income. With the onset of a new season, Khimi needs credit to deepen her well and purchase a new motor and cables for this well. She hopes to irrigate her crops well and increase the yield. Invest in Khimi as she builds her farming unit and water resources.

About Khimi Devi's livelihood

Khimi is an agripreneur who works 6 hours a day for 6 days a week. With this loan Khimi 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. Khimi Devi 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

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Adequate

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS