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Phoola

Devi

logoAgripreneur

logo Tonk, Rajasthan

logo 25,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Phoola

Devi

#breadwinner#hardworking
Invest in Phoola to purchase a diesel engine water pump for her farm.

logoAgripreneur

logo Tonk, Rajasthan

logo 25,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

6,249.94 is
the current outstanding balance

100 0 0 18750 0 0

100%

0%

0%


Phoola is a hard-working and enterprising woman. She cultivates wheat on her farm and sells in the local market. Phoola is trying to do something unique and change her life. She is trying to buy a diesel engine water pump so she can improve the irrigation, thus the yield of her farm, and make more profits. With her improved income, she will be able to fulfill her family's needs and eventually break free from the vicious cycle of debt that plagues her life. Support Phoola and help her achieve her dreams and aspirations.

I wish to enjoy a secure future with my family.

About Phoola Devi's livelihood

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

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% APR

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

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Maitree Mahila Mandal Samiti Dooni
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0