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Mena Devi

#breadwinner#passionate
Support Mena to make arrangements for inputs and irrigation for the new season.

Agripreneur

Tonk, Rajasthan

25,000 has been disbursed

318 potential days of livelihood i

25,000 is the current outstanding balance


Mena Devi is an experienced farmer. She has toiled on her farm for ten years. She lives with a family of three and agriculture brings in the income to sustain. There are times when the going gets tough but she never backs down. Now, with the ill effects of the pandemic, Mena struggles to make arrangements for irrigation and inputs for the upcoming sowing season. She needs a loan and it will be used to purchase quality seeds and also pipes to set up irrigation facilities on her land. Invest in Mena as she hopes for a good season!

I wish to expand my agriculture activity.

About Mena Devi's livelihood

Mena is an agripreneur who works 7 hours a day for 7 days a week. With this loan Mena will potentially obtain employment for 318 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Maitree Mahila Mandal Samiti Dooni

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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