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Mnisha Devi

Panchal

Agripreneur

Tonk, Rajasthan

273 livelihood days

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Mnisha Devi

Panchal

#Braveness # Hardworking
Mnisha Devi requires financial assistance for buying a buffalo for her dairy business.

Agripreneur

Rajasthan

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Mnisha Devi

Mnisha Devi is a resident of Tonk in Rajasthan and is survived by her husband. She is involved in the dairy business for the past 10 years. She also does labour work for extra income. How much ever she works hard, ultimately when it comes to income, it is not at par with the hard work she is doing. Her goal is to expand her business further, and she believes that the best way of doing so is by improving the production capacity of her dairy farm. She is now looking to expand her business by raising a loan to buy a buffalo that will be a part of her dairy production. The buffalo will be a significant addition to her business, and it will help her meet the daily demand of a large number of customers in the area, who are looking to take home fresh milk. Invest in Mnisha Devi as she buys her buffalo that will be a significant boost to her dairy production business.

About Mnisha Devi Panchal's livelihood

Mnisha Devi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Mnisha Devi 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. Mnisha Devi Panchal has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

4.00%

7.20% 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

Animal husbandry

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