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Meena

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Meena

Devi

#active#ambitious
Invest in Meena to meet the credit needs of cultivating her land.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Meena

Meena is a hard-working and courageous woman who knows perseverance. She is an extremely skilled farmer with an experience of over twelve years. With the assistance of this loan, Meena will invest in the upcoming sowing season to purchase necessary inputs and prepare her land. This includes the purchase of seeds along with fertilizers, pesticides, and irrigation. Thus, she will reap rewards that not only she but her family can benefit from. The enhanced income she will receive will allow her to have a better standard of living. Invest in Meena to support her mission of supporting her family while making a profit.

About Meena Devi's livelihood

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

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

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