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Prem devi

Ramlal

Agripreneur

Tonk, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Prem devi

Ramlal

#resilient#achiever
Support Prem Devi as she adds a buffalo to her animal husbandry unit.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Prem devi

Prem Devi Ramlal is a trusted and experienced local dairy farmer who owns her own animal husbandry unit in the district of Tonk in Rajasthan. She has been engaged in animal husbandry for the past twelve years. Prem Devi's hard work has ensured the financial security of her family, and breeding animals and selling milk gives her a steady income. However, she has dreams to increase her herd size, adding one buffalo to her existing unit. The income from additional milk produced will also support her greatly. Invest in Prem Devi as she hopes to enhance her income and lead a better life!

About Prem devi Ramlal's livelihood

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