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Pavani

Devi

Agripreneur

Pali, Rajasthan

195 livelihood days

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Pavani

Devi

#go-getter#hustler
Invest in Pavani to prepare her land for the new season.

Agripreneur

Rajasthan

195 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Pavani

Pavani Devi is an experienced farmer. She has toiled on her farm for twenty years. She lives with a family of five and agriculture brings in the income to sustain. There are times when the going gets tough but she never backs down. Due to a disruption in the supply chain, Pavani finds it difficult to make arrangements for beginning the new sowing season. With this loan, she will be able to prepare her land well and set up boundaries for her farm. It also will support her family through this crisis. Invest in Pavani and help her tide through these trying times.

About Pavani Devi's livelihood

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

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% 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

Farming

Investee Credit Rating:
Adequate

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

Ghoomar Mahila Samiti
   
Partner logo

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS