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Raju Devi

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

Agripreneur

Ajmer, Rajasthan

48,000 has been disbursed

364 potential days of livelihood i

18,000 is the current outstanding balance

100 0 0 30000 0 0

100%

0%

0%


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.

My dream is to scale up my business so I can educate my son.

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.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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 i

Investee
occupation

Animal husbandry

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

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

80

Investees

100%

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

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