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Manraj

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Manraj

Devi

#passionate#hustler
Support Manraj Devi to cultivate tomato & chilli in the new season.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Manraj

Manraj Devi runs a small farming business in the district of Tonk. She's been working in agriculture as a source of income for the past ten years. Despite her small income, she supports her family and sends her kids to school. Her agricultural unit is not able to provide stable financial support for her family, which is why she needs a loan to invest in her farm. She will utilise the loan to prepare her land for the cultivation of tomatoes and chilli and fence the land for protection. She will purchase quality seeds and fertilizers, and also install a proper irrigation system on her land. Invest in Manraj Devi as she cultivates her land for the new season and prepares it for a better yield!

About Manraj Devi's livelihood

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

50,000

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

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