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Manju devi

Rajendar

Agripreneur

Tonk, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Manju devi

Rajendar

#Brave# Hardworking
Manju Devi needs loan for purchasing a buffalo.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Manju devi

Manju Devi is a hard-working woman who is building the foundation of a secure and better future for herself and her family. She lives in Tonk district, in the state of Rajasthan, with her family of 4. She owns an animal husbandry unit and has been involved with animal husbandry for over 10 years.She is looking to expand her animal husbandry business, and is in need of a loan to purchase a buffalo to increase the number of milk-producing animals in her breeding program. This will allow Manju Devi to increase the production of milk, an important commodity in today's economy. Empower Manju Devi's business expansion by investing in her buffalo purchase.

About Manju devi Rajendar's livelihood

Manju devi is an agripreneur who works 7 hours a day for 7 days a week. With this loan Manju devi 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 Rajendar 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

12 months

Moratorium

None

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

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS