false
false 0 0 dUiBoGtaLH

Puni

Bai

Agripreneur

Pali, Rajasthan

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Puni

Bai

#breadwinner#hardworking
Puni Bai needs loan to dig a tubewell.

Agripreneur

Rajasthan

195 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Puni

Puni Bai is a farmer and belongs to Pali in Rajasthan. As Rajasthan is prone to water scarcity, farmers need to make some arrangements to overcome the drought and have to provide the crops with enough water to get a good yield. Puni Bai wants to dig a tube well in her land to overcome the problem along with the pump set so that she gets a good yield. Fencing of the land also becomes necessary for Puni Bai to avoid the wild animals entering her farm. Invest in Puni Bai's farm so that she can have a good harvest this year.

About Puni Bai's livelihood

Puni is an agripreneur who works 6 hours a day for 5 days a week. With this loan Puni will potentially obtain employment for 195 days.

Interest Rate

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

1,00,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Adequate

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

Ghoomar Mahila Samiti
   
Partner logo

Established in

2015

With Rang De from

2020

Founded by

SAGI BAI

Registered under the societies registration act on 2nd February 2015, the federation comprises 4000 women. The federation works with the tribal communities of Rajasthan. The main source of income for the communities here is agriculture, stone-cutting and daily wage labour. With a strong presence of moneylenders charging exorbitant rates of interest, these communities have no other choice but to borrow at these rates to keep their business going. Ghoomar has been working tirelessly with these communities to help them build their livelihoods in a more sustainable manner by providing them with access to low cost credit and supporting their livelihood activities.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS