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Rameshi Devi

Meena

logoAgripreneur

logo Toonk, Rajasthan

logo 50,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Rameshi Devi

Meena

#hardworking#gogetter
Support Rameshi to purchase a motor for the tubewell on her farm.

logoAgripreneur

logo Toonk, Rajasthan

logo 50,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

23,333.28 is
the current outstanding balance

100 0 0 26667 0 0

100%

0%

0%


Rameshi Devi Meena lives in Tonk with her three dependent family members. She has been involved in farming for over a decade and she currently cultivates crops like wheat, mustard, grams, and other oil seeds on her own land. Currently, Rameshi uses manual labor to pump water from the tubewell to use for irrigation. It requires a lot of physical work for her to draw water from the well and she does it multiple times a day. Rameshi is seeking a loan to purchase a motor for the tubewell so that she can make her work easier. Invest in Rameshi to purchase a motor!

I wish to explore better farming methods to enhance the yield.

About Rameshi Devi Meena's livelihood

Rameshi Devi is an agripreneur who works 7 hours a day for 7 days a week. With this loan Rameshi Devi will potentially obtain employment for 318 days.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

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.

Maitree Mahila Mandal Samiti Dooni
   

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0