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Mala

Devi

Agripreneur

Samstipur, Bihar

30,000 has been disbursed

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Mala

Devi

#believer#strength
Support Mala Devi to add one more cow to her farm.

Agripreneur

Bihar

30,000 has been disbursed

318 potential days of livelihood

1,872 is
the current outstanding balance

93.76 0 0 6.24 28128 0 0 1872

94%

0%

0%

6%


About Mala

Mala Devi is a hardworking woman who has spent most of her life raising cattle. She has great knowledge about cattle but does not have enough income to sustain her family. Mala Devi will add one more cow to her farm for this loan, and purchase good quality cattle fodder. She will sell the increased milk from that cow and use the income to pay off her loan. Her family will benefit from the increased income, making it possible for them to live in a better home. Support her now!

About Mala Devi's livelihood

Mala is an agripreneur who works 7 hours a day for 7 days a week. With this loan Mala will potentially obtain employment for 318 days.

Interest Rate

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

30,000

Loan
tenure

16 months

Moratorium

2 months

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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

Sarva Seva Samity Sanstha
   view website
Partner logo

Established in

2003

With Rang De from

2020

Founded by

Shri Vijay Mahajan

Sarva Seva Samity Sanstha was promoted in 2003 as a not for profit society to serve the most marginalized and in areas where most professionals were not able to reach. This is the reason it got registered in Gaya and was mandated to work with women and marginalized in the most difficult blocks where there was almost no reach of any NGO, MFI, and government programs. Sarva Seva Samity since 2003 has been working silently over the years in deep pockets of Bihar, Odisha, and Jharkhand and undertaking tasks like contract farming in Potato, Fee-based SRI, cultivation of True potato seed, undertaking saving and credit activities. With this mission to be at the grassroots and work on developing a sustainable and equitable society, Sarva Seva Samity continues to strive to bring in new technologies and processes and take up challenging issues that will help the poor and marginalized a have a better living and standard of life.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS