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Manju

Devi

Agripreneur

Pali, Rajasthan

40,000 has been disbursed

162 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Manju

Devi

#resilient#hustler
Manju needs to fence her farm and purchase motor and pipe.

Agripreneur

Rajasthan

40,000 has been disbursed

162 potential days of livelihood

6,664.55 is
the current outstanding balance

83.34 0 0 16.66 33335 0 0 6665

83%

0%

0%

17%


About Manju

Manju is a young woman who moves ahead in her life with a strong faith in her capabilities. She is currently farming in the Pali district of Rajasthan. She has been working hard on her farm for the past six years and her hard work has paid off. With a loan, she is planning to move ahead with a bigger vision. She is looking to expand her farming business by purchasing a motor and pipe, and wiring for better irrigation. This will greatly benefit her farming business and make it more efficient. She will also fence her land before sowing. Support Manju so that she can reap a good yield.

About Manju Devi's livelihood

Manju is an agripreneur who works 5 hours a day for 5 days a week. With this loan Manju will potentially obtain employment for 162 days.

Interest Rate

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

40,000

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