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Rekha

Agripreneur

Alwar, Rajasthan

455 livelihood days

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Rekha

#dedicated#believer
Enable Rekha to purchase a buffalo for her farm and earn better.

Agripreneur

Rajasthan

455 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rekha

Like many other women, Rekha has a long way to go in life. She is a resident of Alwar who lives with her family of six. She is an ambitious woman who's striving hard to give her kids a chance at a better future. She knows how to work hard for what she wants, and is determined to have a better life for her family. As a part of her husband's business, she helps to take care of the livestock on the farm. By selling the milk from the livestock, she is able to give her children a better education, and therefore she is striving hard to improve her own situation. With the loan amount, she will be able to buy a buffalo that will help her business grow. She can produce more milk and earn a better living for her family. Support her dream now!

About Rekha 's livelihood

Rekha is an agripreneur who works 10 hours a day for 7 days a week. With this loan Rekha will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rekha has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

4.00%

7.20% APR

Loan Details

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

Investee
occupation

Animal husbandry

Investee Credit Rating:
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

Ibtada
   view website
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS