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Prem

Devi

Agripreneur

Tonk, Rajasthan

273 livelihood days

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Prem

Devi

#courageous#believer
Enable Prem to prepare and fence her land for the new farming season.

Agripreneur

Rajasthan

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Prem

Prem is a hardworking woman who knows the value of perseverance. This is evident by the fact that she has farmed on her land for over fifteen years now. Prem lives in Tonk, where most of the families own land on which they grow crops, but the land is un-fenced, so it is susceptible to theft. The previous year, most of the crops were destroyed by thieves. This loan will help Prem buy fencing material to fence her land and protect her crops. By securing her land, Prem will be able to increase her family's food supply and ensure a better life for them. She will also prepare her land for the new season. Have your own share in supporting Prem's mission towards increasing her family's quality of life.

About Prem Devi's livelihood

Prem is an agripreneur who works 7 hours a day for 6 days a week. With this loan Prem will potentially obtain employment for 273 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

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

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