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Shila

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Shila

Devi

#Braveness # Hardworking
Invest in Shila as she expands her animal husbandry business.

Agripreneur

Rajasthan

318 potential days of livelihood

80,000 loan is fully repaid

80,000 loan is fully repaid


About Shila

Shila Devi has been involved with animal husbandry for the past 12 years and has managed to establish herself as a prominent name in the animal husbandry business. With an income earned from the sale of animal products (milk, ghee and dung), Shila Devi has been able to provide for the essentials of life for her family. But she is looking to expand her business further, and is looking to raise a loan to purchase one more Buffalo. Shila Devi is a hard-working woman trying to provide for her family. With a loan from Rang De and your support, Shila Devi will be able to purchase more Buffalo and expand her animal husbandry business, and live a carefree life. Invest in Shila Devi as she expands her animal husbandry business, purchases additional animals, and earns higher profits.

About Shila Devi's livelihood

Shila is an agripreneur who works 7 hours a day for 7 days a week. With this loan Shila 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. Shila Devi has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

4.00%

7.20% APR

Loan Details

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

Loan
amount

80,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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

Maitree Mahila Mandal Samiti Dooni
   
Partner logo

Established in

2009

With Rang De from

2020

Founded by

Geeta Devi

Maitree Mahila Mandal Samiti Dooni works with small and marginal farmers from Rajasthan. The major source of income is agriculture and income through migration. The average landholding of farmers that the federation works with is about 1 acre while a few communities are also landless. As a result of lockdown, most of the community members have migrated back to the villages and the means of income is adversely affected. As a result, the cash flows of the community members are hit. These community members are looking for an alternative source of income by reviving their agricultural activities. Maitree supports the communities with the best agriculture and technical practices to ensure a good yield. Maitree Mahila Mandal Samiti Dooni is promoted by SRIJAN.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS