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Rekha Devi

#courageous#gogetter
Rekha wants credit to purchase a buffalo.

Agripreneur

ALWAR, Rajasthan

50,000 has been disbursed

364 potential days of livelihood i

37,500 is the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


Rekha belongs to the Alwar district in Rajasthan, where she lives with her family of five members. The family has been farming for the past ten years. Now, Rekha wishes to purchase a buffalo so that she can open a fairy farm. This will help her increase her family income and also help her provide higher education to her children. Invest in Rekha today!

I wish to start a dairy farm.

About Rekha Devi's livelihood

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

6.0% flat p.a.

10.8% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 3.0%

5.4% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

IBTADA

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

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