Invest in Prem on Rang De

Prem

Devi

Agripreneur

Ajmer, Rajasthan

364 livelihood days

Prem

Devi

# resilient#ambitious

Enable businesswoman Prem add to herd with a buffalo purchase

Agripreneur

Rajasthan

364 potential days of livelihood

₹ 48,000 loan is fully repaid

About Prem

Prem Devi, a resident of Ajmer in Rajasthan is all set to add to her animal husbandry business. She is seeking credit to make the purchase of a buffalo, an integral asset for her business. She hopes to increase her milk sales through the purchase so she can grow her income, and better support her family. Her husband, Shyoram also works as a farmer to support Prem. Prem hopes this step will enable her to raise enough funds to grow and expand her business by buying four more buffalos in the future. Support enterprising Prem as she wins for her husband.

About Prem Devi's livelihood

Prem is an agripreneur who works 8 hours a day for 7 days a week. With this loan Prem will potentially obtain employment for 364 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

5.00%

9.00% APR

Impact
Partner

up to 5.00%

9.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

₹ 48,000

Loan
tenure

24 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

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

Investees

100.0%

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

Notifications

Prem

Devi

Prem