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Prem

Devi

logoAgripreneur

logo Ajmer, Rajasthan

logo 409 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img b-img

Prem

Devi

#resolute#spirited
Invest in Prem as she buys a buffalo to support her son's education

logoAgripreneur

logo Ajmer, Rajasthan

logo 409 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

50,000 loan is fully repaid

50,000 loan is fully repaid


Prem Devi is a mother, wife, and businesswoman. She has been running an animal husbandry business for the past four years to support her family. Her husband, Ganesh works as a truck driver while her two children, Nitu and Suraj are enrolled in school. Prem is seeking credit to add to her herd. She wants to buy a buffalo, a worthy asset for her business so she can grow her monthly income. She intends to make use of the funds from milk sales to save up for her children's education. In addition, Prem hopes she can invest some of her revenue back into her business and fuel its growth. Fund Prem today.

I dream of providing higher education for my children.

About Prem Devi's livelihood

Prem is an agripreneur who works 9 hours a day for 7 days a week. With this loan Prem will potentially obtain employment for 409 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

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

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

0.00%

0.00% APR

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

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

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.

Rajasthan Mahila Kalyan Mandal

   
Rajasthan
Partner since 2019

About

Rajasthan Mahila Kalyan Mandal Sanstha, Ajmer founded in 1975 started working in the field of disability & rehabilitation since 1988. Organization started Community Based Rehabilitation program in 1998 for those Children With Special Needs who couldn’t reached Day Care Centre due to transport or any other reason. Presently, Organization is working with more than 1900 CWSN in Rajasthan. RMKM works with rural communities and Persons With Disability to rehabilitate them by enabling ownership over environment, institutions and communication. The areas in which we work towards a more empower and equitable future are as follows: Education and Inclusion, Health, Livelihood Promotion and Micro-Credit, Human Resources Development

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

98.0%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM
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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0