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Kripa Devi

#ambitious#positive
Support Kripa open a flour mill and secure her family's future.

Food Entrepreneur

Alwar, Rajasthan

30,000 has been disbursed

591 potential days of livelihood i

28,500 is the current outstanding balance

100 0 0 1500 0 0

100%

0%

0%


Kripa is a hardworking women who has been a domestic worker for over five years. Now, Kripa wants to start a flour mill to secure a stable income for her family. To do so, she needs to borrow some credit to set up a mill and purchase new machinery and weights of different scales. Invest in Kripa today and help her secure the future of her family.

I wish to build a big house for my family.

About Kripa Devi's livelihood

Kripa is a food entrepreneur who works 13 hours a day for 7 days a week. With this loan Kripa will potentially obtain employment for 591 days.

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

Investee
pays i

6.0% flat p.a.

10.8% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 3.0%

5.4% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

30,000

Loan
tenure

20 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

C

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

IBTADA

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

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