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Rachana

Devi

Agripreneur

Tonk, Rajasthan

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rachana

Devi

#breadwinner#positive
Support Rachana as she buys a buffalo.

Agripreneur

Rajasthan

273 potential days of livelihood

80,000 loan is fully repaid

80,000 loan is fully repaid


About Rachana

Rachana Devi is a hard-working woman who lives with her four family members in Rajasthan and is currently working as an animal husbandry farmer in the vicinity. She owns a small unit that has not been able to generate a great deal of income. The income that she makes from her business is not enough to support her family on time and as a result, it takes a while before she can take care of all their requirements. With a dream to provide for her family's future and ensure that they are not financially unstable, she is looking to buy a buffalo in addition to her unit. This loan will be used for the expansion of her dairy business. Invest in Rachana Devi as she builds her business.

About Rachana Devi's livelihood

Rachana is an agripreneur who works 6 hours a day for 7 days a week. With this loan Rachana 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. Rachana Devi 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

80,000

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