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Santhosh Devi

#ambitious#energetic
Invest in Santhosh as she buys a buffalo to finance her children's education

Agripreneur

Ajmer, Rajasthan

50,000 has been disbursed

364 potential days of livelihood i

18,749.9 is the current outstanding balance

100 0 0 31250 0 0

100%

0%

0%


Ajmer resident, Santhosh Devi has been running an animal husbandry business for the past seven years. She now wants to make key expansions by adding to her herd to increase her monthly income. She is supported by her husband Prabhu, who works in the marble sector. Santhosh is seeking credit to buy a buffalo. She intends on selling the buffalo milk to generate a better monthly income. She hopes to use the funds raised to finance her children's education while saving up for her dream house. Santhosh dreams of seeing her children working government jobs in the future and hopes her business investment will help her dream become a reality. Fund Santhosh today.

My dream is to educate my children so they can become government servants.

About Santhosh Devi's livelihood

Santhosh is an agripreneur who works 8 hours a day for 7 days a week. With this loan Santhosh will potentially obtain employment for 364 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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 i

Investee
occupation

Animal husbandry

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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