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Phoranta Devi

Bheel

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Phoranta Devi

Bheel

#Braveness # Hardworking
Phoranta Devi needs financial assistance to purchase a buffalo.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Phoranta Devi

Phoranta Devi Bheel is a woman from Tonk district of Rajasthan and she's been a part of the animal husbandry industry for the past 15 years. Her home is in Tonk, while her business is in nearby village. She's involved in dairy farming and animal husbandry and has built a name for herself in the business. Despite being a successful entrepreneur, Phoranta Devi has and will always struggle to raise the resources needed to expand her business. She is looking to raise a loan to purchase a buffalo from her village, which she would then be able to rear and use for dairy farming and eventually be able to generate income for herself. Phoranta Devi is looking to raise a loan of 50,000 rupees to purchase a buffalo. She plans to invest in the animal husbandry industry, which will in turn generate for her a higher income. Invest in Phoranta Devi's profile today!

About Phoranta Devi Bheel's livelihood

Phoranta Devi is an agripreneur who works 7 hours a day for 7 days a week. With this loan Phoranta Devi 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. Phoranta Devi Bheel 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

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS