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Rameshi Devi

Meena

Agripreneur

Toonk, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rameshi Devi

Meena

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

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rameshi Devi

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!

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.

Interest Rate

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

50,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very 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