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Nirmala

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Nirmala

Devi

#dedicated#believer
Nirmala needs credit to purchase a buffalo and expand dairy business.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Nirmala

Nirmala Devi is a hardworking and independent woman who is dedicated to taking care of her family. She lives with her family of four members and her sole income is from her animal husbandry unit. To take her business forward and expand it, she requires a loan from Rang De to purchase a buffalo. The income from her dairy will help her to earn a steady income to meet all the family's needs and ensure their financial stability. With her hard work, perseverance, and this loan, Nirmala will continue to grow her business, expand it, and start a milk processing unit once her business stabilizes. Invest in Nirmala!

About Nirmala Devi's livelihood

Nirmala is an agripreneur who works 7 hours a day for 7 days a week. With this loan Nirmala will potentially obtain employment for 318 days.

Interest Rate

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

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

Investee Credit Rating:
Very 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