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Rekha

Teli

Agripreneur

Chittorgarh, Rajasthan

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rekha

Teli

#dedicated#determined
Support Rekha as she plans to start the new farming season on time.

Agripreneur

Rajasthan

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rekha

Rekha is a hard-working woman who knows perseverance, and this is what sets her apart from many others. She lives with her family of four in the district of Chittorgarh in Rajasthan. Rekha's income source is agriculture, and she's been involved with this for seven years now. Despite the income that Rekha makes from her business, she struggles to meet all her family's needs on time. With a dream of providing for a better and secure future for her family, she's hoping to improve her farming units further. She's looking to borrow money to buy seeds for farming, improve her farming land in preparation for the sowing season, and overall improve and expand her business. Invest in Rekha as she improves the quality of her land, innovates new farming strategies, and increases production.

About Rekha Teli'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 Teli 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:
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

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