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Manju

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Manju

Devi

#Braveness # Hardworking
Empower Mina Devi to expand her dairy business by investing in her loan amount for buying a buffalo.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Manju

Manju Devi, a young and hardworking girl, is the proud owner of an animal husbandry unit in Tonk, Rajasthan. Manju has been working on this unit, which provides dairy and agricultural products, for the past 6 years. She enjoys working with buffalo, and has seen it grow from the start of her career. Manju’s husband, a manual labourer, earns a moderate salary, which does not provide the basic necessities for the family. Therefore she wishes to grow her unit further by expanding into the business of buffalo milk production. To obtain a loan, Manju plans to purchase a buffalo and other necessary items, such as feed and other livestock equipment. She's looking to expand her business and supports her dream of having a secure future with her family. Invest in Manju and allow her to purchase a buffalo and other necessary items.

About Manju Devi's livelihood

Manju is an agripreneur who works 7 hours a day for 7 days a week. With this loan Manju 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. Manju Devi has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

4.00%

7.20% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

Investee Credit Rating:
Very 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

Maitree Mahila Mandal Samiti Dooni
   
Partner logo

Established in

2009

With Rang De from

2020

Founded by

Geeta Devi

Maitree Mahila Mandal Samiti Dooni works with small and marginal farmers from Rajasthan. The major source of income is agriculture and income through migration. The average landholding of farmers that the federation works with is about 1 acre while a few communities are also landless. As a result of lockdown, most of the community members have migrated back to the villages and the means of income is adversely affected. As a result, the cash flows of the community members are hit. These community members are looking for an alternative source of income by reviving their agricultural activities. Maitree supports the communities with the best agriculture and technical practices to ensure a good yield. Maitree Mahila Mandal Samiti Dooni is promoted by SRIJAN.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS