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Mila

Devi

Agripreneur

Vaishali, Bihar

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mila

Devi

#courageous#go-getter
Mila needs credit to purchase quality inputs to start the new season on time.

Agripreneur

Bihar

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Mila

Mila is a resident of Vaishali, Bihar, and a very hard-working woman. She is determined to have been farming for many years. Mila and her family of five are dependent on agriculture for meeting daily needs. She is now looking forward to sowing on her land in the upcoming season. She needs credit to purchase quality inputs to start the new season on time. Mila knows that healthy seeds produce healthy crops, so she decides to invest her loan in purchasing quality inputs and meeting other expenses of the season. Having proper manure and fertilizer will help Mila have strong crops, which will be sold through her farm's fresh produce market. This will earn her and her family a decent income. Her wide experience in farming will smooth things out and make this business a success. Invest in Mila now!

About Mila Devi's livelihood

Mila is an agripreneur who works 6 hours a day for 7 days a week. With this loan Mila will potentially obtain employment for 273 days.

Interest Rate

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

30,000

Loan
tenure

14 months

Moratorium

2 months

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

Sarva Seva Samity Sanstha
   view website
Partner logo

Established in

2003

With Rang De from

2020

Founded by

Shri Vijay Mahajan

Sarva Seva Samity Sanstha was promoted in 2003 as a not for profit society to serve the most marginalized and in areas where most professionals were not able to reach. This is the reason it got registered in Gaya and was mandated to work with women and marginalized in the most difficult blocks where there was almost no reach of any NGO, MFI, and government programs. Sarva Seva Samity since 2003 has been working silently over the years in deep pockets of Bihar, Odisha, and Jharkhand and undertaking tasks like contract farming in Potato, Fee-based SRI, cultivation of True potato seed, undertaking saving and credit activities. With this mission to be at the grassroots and work on developing a sustainable and equitable society, Sarva Seva Samity continues to strive to bring in new technologies and processes and take up challenging issues that will help the poor and marginalized a have a better living and standard of life.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS