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Nanda

Devi

logoAgripreneur

logo Pali, Rajasthan

logo 70,000 has been disbursed

logo 195 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Nanda

Devi

#breadwinner#hardworking
Nanda needs a loan to dig a tubewell in her farm.

logoAgripreneur

logo Pali, Rajasthan

logo 70,000 has been disbursed

logo 195 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

55,999.99 is
the current outstanding balance

60 0 40 14000 9333 0

60%

40%

0%


Nanda Devi is a hardworking lady who lives in Pali. She works on her agricultural farm to cultivate and grow vegetables, and due to the lack of water in the area, she needs to dig borewells to get water. She is a very dedicated mother and works diligently in order to bring food to the table. With this loan, she will be able to irrigate her farm better and have an increased yield. Invest in Nanda as she strives hard for the family.

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

About Nanda Devi's livelihood

Nanda is an agripreneur who works 6 hours a day for 5 days a week. With this loan Nanda will potentially obtain employment for 195 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

70,000

Loan
tenure

15 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