Invest in Raju on Rang De

Raju

Devi

Agripreneur

Ajmer, Rajasthan

364 livelihood days

Raju

Devi

#resilient#ambitious

Fund industrious Raju's buffalo purchase so she can launch a new business

Agripreneur

Ajmer, Rajasthan

364 potential days of livelihood

₹ 48,000 loan is fully repaid

About Raju

Raju Devi is a mother, wife and now businesswoman. She juggles running a household while making ends meet for her family. She has been working relentlessly seven days a week running her animal husbandry business of six years. Having recently welcomed a new member to the family, Raju wants to ensure that her son Krishna enjoys a secure future. She is seeking credit to buy a buffalo and some buffalo fodder. She hopes to make an income from milk sales so she can scale up her business. Her dream is to educate Krishna so he can become a working professional with a government job. In the future, Raju wants to launch a cab services business in partnership with her husband, to grow their household income. Support Raju as she strides forward.

About Raju Devi's livelihood

Raju is an agripreneur who works 8 hours a day for 7 days a week. With this loan Raju 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.

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

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

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

Raju

Devi

Raju