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Lali Devi

#selfless#humble
Support single mother Lali install an irrigation pipeline on her farm

Agripreneur

Ajmer, Rajasthan

48,000 has been disbursed

364 potential days of livelihood i

20,000 is the current outstanding balance

100 0 0 28000 0 0

100%

0%

0%


Lali Devi is a mother and businesswoman who has been running a farming business for the past two years. She also has four years of experience in the animal husbandry business. Her son works as a tailor and driver, while her daughter is still studying. Now, single mother Lali wants to improve the output on her farm. She is seeking credit to install a borewell motor and set up a drip irrigation pipeline. She hopes these advancements will enable her to improve the efficiency on her farm and hence grow her income. Lali dreams of seeing her daughter happily married, but first, she wants to educate her so she can become a doctor. Support Lali on her selfless journey today.

I dream of seeing my daughter become a doctor.

About Lali Devi's livelihood

Lali is an agripreneur who works 8 hours a day for 7 days a week. With this loan Lali will potentially obtain employment for 364 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

48,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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