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Punam

Devi

Agripreneur

ALWAR, Rajasthan

637 livelihood days

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Punam

Devi

#breadwinner#positive
Support Punam buy a buffalo and launch her dairy business.

Agripreneur

Rajasthan

637 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Punam

Meet Punam Devi, a hard-working woman living in Alwar, Rajasthan. She has been working as a farmer for the last three years, supporting her family of three. She’s now looking to take a step forward with the support of a Rang De loan. Her plan is to purchase a buffalo, a potentially lucrative asset. Punam hopes that through the sales of milk, she will be able to increase her income, support her small family and also kick start a small but successful dairy business. Invest in Punam Devi to see her progress.

About Punam Devi's livelihood

Punam is an agripreneur who works 14 hours a day for 7 days a week. With this loan Punam will potentially obtain employment for 637 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

2.00%

3.60% APR

Impact
Partner

up to 3.00%

5.40% APR

Platform
charges

1.00%

1.80% APR

Loan Details

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

Investee
occupation

Animal husbandry

Investee Credit Rating:
Good

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.

Co-curated and referred by our Impact Partner

Ibtada
   view website
Partner logo

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS