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Renu

Devi

Agripreneur

Bahraich, Uttar Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Renu

Devi

#breadwinner#hardworking
Support Renu as she cultivates her land.

Agripreneur

Uttar Pradesh

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Renu

Renu Devi, who lives in Bahraich with her family of four members, is a farmer. She's been actively farming over the past ten years. Over the years, she has acquired sufficient skills to cultivate the land on her own and make a living for herself and her family. However, due to the growing water crisis in the area and the high cost of cultivation, she is looking for some credit to make arrangements for the new farming season. She is seeking a loan from Rang De to purchase drip irrigation systems, motors, PVC pipes, and other such materials for cultivating her land. This will enable her to cultivate her land on time and reap a good yield. Support Renu as she hopes to have a successful farming season!

About Renu Devi's livelihood

Renu is an agripreneur who works 7 hours a day for 7 days a week. With this loan Renu will potentially obtain employment for 318 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

3.20%

5.76% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS