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Rekha

Bai

Agripreneur

Chittorgarh, Rajasthan

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rekha

Bai

#ambitious#achiever
Rekha is keen to cultivate her land.

Agripreneur

Rajasthan

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rekha

Rekha Bai has been farming for the past seven years. She struggles to make ends meet due to the absence of a regular income. With an aim to grow her income, she wants to take out a loan to cultivate her field and make her farming business more stable. She'll buy quality seeds and other farming inputs and hire enough labour to support her with farming. With a passion for farming, Rekha is looking to explore new farming techniques for her to enhance the yield. Invest in Rekha as she develops her business and explores new farming techniques.

About Rekha Bai'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.

Interest Rate

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

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

6 months

Moratorium

2 months

Repayment
mode

EMI

Investee
occupation

Farming

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

Manjari Foundation
   
Partner logo

Established in

2015

With Rang De from

2021

Founded by

Mr. Sanjay kumar sharma

Manjari Foundation is a non-profit social development organization registered under section 8 of the companies' act 2013. Manjari Foundation, a registered non-profit organization established in May 2015, is committed to help women from marginalized communities overcome social injustice, poverty and exclusion. Manjari Foundation supports rural women initiative at grass-root levels to facilitate empowerment so that they can lead a dignified life. Manjari Foundation has come up with an effective and easily adaptable Manjari model which is capable of bringing in social and economic changes in adverse conditions.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS