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Nirma

Devi

Proud Parents

Tonk, Rajasthan

300 days of education

Borrower Image 1 Borrower Image 3

Nirma

Devi

#Breadwinner#hardworking
Nirma needs funds for meeting the education expenses of her son.

Proud Parents

Rajasthan

300 days of education

20,000 loan is fully repaid

20,000 loan is fully repaid


About Nirma

Nirma Devi is a farmer by profession and has completed only a primary level of education. She strongly wishes for her son Vishal, who is studying in 9th standard to study well and make a good status of his own in society. But Nirma is struggling to meet the educational expenses of Vishal as the school fees and the hostel fees, is little high compared to her income. With the little earnings she has, she is not able to pay the lump sum amount which is due now. This loan from Rang De would enable Nirma to pay the tuition and other fees and repay the loan with the earnings she make. Invest in Nirma as she wishes for a bright future for her son.

Children’s Details

The following are the details of the children.

First child

Son

Age

9

School

Govt. Bhimrav Ambedkar School Sanwar

Class studying

9th Standard

Medium of instruction

Regional

No of children studying :
01

Total annual school fees :
₹ 20000

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nirma Devi has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

20,000

Loan
tenure

10 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Student

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS