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Phoranti

Devi

Proud Parents

Tonk, Rajasthan

300 days of education

Borrower Image 1 Borrower Image 2 Borrower Image 3

Phoranti

Devi

#Breadwinner#hardworking
Phoranti Devi needs credit to meet her son's education expenses.

Proud Parents

Rajasthan

300 days of education

20,000 loan is fully repaid

20,000 loan is fully repaid


About Phoranti

Phoranti Devi is a resident of Tonk and is survived by her husband and only son. Phoranti's son Ajay is in class 7 and is 12 years old. He is very studious and hardworking and scores good grades. As the new academic year has started, Phoranti Devi is short of finance to meet the educational expenses like school fees, books, stationery, uniform, shoes etc for Ajay. She needs financial assistance to meet these expenses so that Ajay can continue his studies without any hindrance. Invest in the future of Ajay by contributing to Phoranti's education loan.

Children’s Details

The following are the details of the children.

First child

Son

Age

7

School

Subodh vidya mandir Dooni

Class studying

7th Standard

Medium of instruction

English

No of children studying :
01

Total annual school fees :
₹ 20000

Interest Rate

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

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

20,000

Loan
tenure

10 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Student

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