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Neer Devi

#enthusiastic#resolute
Support Neer as she purchases a buffalo to fuel her son's dreams

Agripreneur

Ajmer, Rajasthan

40,000 has been disbursed

409 potential days of livelihood i

4,444.32 is the current outstanding balance

100 0 0 35556 0 0

100%

0%

0%


Mother, wife and businesswoman Neer Devi has been running her small animal husbandry business for the past six years. She now wants to grow her business by adding to her herd to support her family. Her two young children, three-year-old Ruchika and seven-year-old Rohit are both enrolled in school. Rohit has also shared his ambition of becoming a doctor and a determined Neer hopes to ensure he's able to fulfil his dream. Neer is seeking credit to buy a buffalo, a worthy asset for her business which will enable her to grow her milk sales. By doing so, she will be able to grow her income to finance her children's education while easing the financial burden off her husband's shoulders. Invest in enterprising Neer today.

My dream is to see my son become a doctor.

About Neer Devi's livelihood

Neer is an agripreneur who works 9 hours a day for 7 days a week. With this loan Neer will potentially obtain employment for 409 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% 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 i

Investee
occupation

Animal husbandry

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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