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Manju

Agripreneur

Pali, Rajasthan

162 livelihood days

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Manju

#passionate#hustler
Manju needs credit to deepen the well and get a motor for her farm.

Agripreneur

Rajasthan

162 potential days of livelihood

70,000 loan is fully repaid

70,000 loan is fully repaid


About Manju

Manju is a farmer and a resident of the Pali district, where she has been successfully cultivating crops for the past eight years. Manju cultivates her land by herself. She is a hard worker and she knows perseverance. This year, the loan will be used to deepen her well and get a motor for her farm. With a new irrigation source, Manju will be able to increase her productivity and earn more income. With a regular and enhanced income, she will be able to support her family and live comfortably. Invest in Manju today!

About Manju '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 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

70,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

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

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS