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Phogi Bai

#farmer#strength
Phogi needs to purchase input products to ensure a continuity to her farming activity.

Agripreneur

Pali, Rajasthan

20,000 has been disbursed

195 potential days of livelihood i

1,663 is the current outstanding balance

100 0 0 18337 0 0

100%

0%

0%


For over fourteen years, Phogi has been toiling on her land. Phogi is from Pali, Rajasthan. The COVID-19 crisis has put the family of seven in great distress. With the sowing season just around the corner, Phogi is looking to purchase some fertilizers and employ labourers on her farm. The loan will help her purchase quality seeds, fertilizers and hire help on her farm to ensure a bountiful harvest. Invest in Phogi to help her get through these tough times.

I wish to give a good education to my children.

About Phogi Bai's livelihood

Phogi is an agripreneur who works 5 hours a day for 6 days a week. With this loan Phogi 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 i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

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

A

Financial
Profile i

B

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.

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