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Prem

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Prem

Devi

#breadwinner#hardworking
Support Prem's dairy business by assisting her invest in a cow.

Agripreneur

Rajasthan

318 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Prem

Prem Devi is the sole earning member of her family and owns a small dairy business in Tonk, Rajasthan. She's been working in the dairy business for the past 10 years. This has been a good and steady source of income for her, however, she declares that she wants to expand this business. To this end, she wishes to avail a loan from Rang De. She's looking for assistance as she strives to raise capital for the purchase of the cow. With a new cow and more milk from her business, she stresses that she can provide for a secure future for herself and her family. Invest in Prem Devi,.

About Prem Devi's livelihood

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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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