false
false 0 0 ttvt87qDZA

Meera

Devi

logoAgripreneur

logo Pali, Rajasthan

logo 40,000 has been disbursed

logo 162 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Meera

Devi

#breadwinner#hardworking
Meera Devi needs funds for agriculture expenses.

logoAgripreneur

logo Pali, Rajasthan

logo 40,000 has been disbursed

logo 162 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,332.8 is
the current outstanding balance

100 0 0 6667 0 0

100%

0%

0%


Meera Devi stays in Pali district with her family of 5 members. Her husband, works as a daily laborer and is associated with agriculture. Meera Devi also works in agriculture with her husband. She learns her husband's farming techniques and implements them to increase their agricultural output. However, Meera Devi's family is now in need of a loan and is currently looking to expand. They wish to raise a loan so that they can level the uneven parts of their land, and also would spend a part of the loan amount for fencing their land to avoid wild animals entering their land at night. This will help Meera Devi to protect the crops and get a good yield. Invest in Meera Devi as she levels her farms and increases agricultural output with adequate land.

My dream is to enjoy a secure future with my family.

About Meera Devi's livelihood

Meera is an agripreneur who works 5 hours a day for 5 days a week. With this loan Meera will potentially obtain employment for 162 days.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% APR

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

Loan
amount

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Ghoomar Mahila Samiti
   

Established in

2015

With Rang De from

2020

Founded by

SAGI BAI

Registered under the societies registration act on 2nd February 2015, the federation comprises 4000 women. The federation works with the tribal communities of Rajasthan. The main source of income for the communities here is agriculture, stone-cutting and daily wage labour. With a strong presence of moneylenders charging exorbitant rates of interest, these communities have no other choice but to borrow at these rates to keep their business going. Ghoomar has been working tirelessly with these communities to help them build their livelihoods in a more sustainable manner by providing them with access to low cost credit and supporting their livelihood activities.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0