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Rekha

Devi

Agripreneur

Vaishali, Bihar

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Rekha

Devi

#positive#courageous
Invest in Rekha to purchase quality inputs and start the season on time.

Agripreneur

Bihar

273 potential days of livelihood

30,000 loan is fully repaid

30,000 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. Rekha is a resident of a small village in Vaishali, Bihar. She is a farmer who goes through a tremendous amount of effort to cultivate crops on her farm. There have been several successful harvests where she has been able to sell most of her produce, but there have been times when she was unable to harvest any crops at all. This loan will help Rekha purchase quality inputs and machines she needs to cultivate a good harvest. Then she will be able to sell more of her produce and have a greater opportunity to support herself and her family. Invest in Rekha as she can build a better future for her family.

About Rekha Devi's livelihood

Rekha is an agripreneur who works 6 hours a day for 7 days a week. With this loan Rekha will potentially obtain employment for 273 days.

Interest Rate

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

30,000

Loan
tenure

16 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

Sarva Seva Samity Sanstha
   view website
Partner logo

Established in

2003

With Rang De from

2020

Founded by

Shri Vijay Mahajan

Sarva Seva Samity Sanstha was promoted in 2003 as a not for profit society to serve the most marginalized and in areas where most professionals were not able to reach. This is the reason it got registered in Gaya and was mandated to work with women and marginalized in the most difficult blocks where there was almost no reach of any NGO, MFI, and government programs. Sarva Seva Samity since 2003 has been working silently over the years in deep pockets of Bihar, Odisha, and Jharkhand and undertaking tasks like contract farming in Potato, Fee-based SRI, cultivation of True potato seed, undertaking saving and credit activities. With this mission to be at the grassroots and work on developing a sustainable and equitable society, Sarva Seva Samity continues to strive to bring in new technologies and processes and take up challenging issues that will help the poor and marginalized a have a better living and standard of life.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS