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Shimla Kumari

Meena

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Shimla Kumari

Meena

#brave#passionate
Shimla needs to prepare her land and buy inputs for cultivating her land.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Shimla Kumari

Shimla is a resident of the Tonk district in Rajasthan. She has been farming for ten years now. She is a hard worker, who believes in herself and her family. With the support of this loan, Shimla will be able to improve her family's living conditions by investing in better farming practices in the coming season. She will buy quality seeds and fertilizers and prepare her land for cultivation. She also will fence her field and arrange a proper irrigation system. She will be able to reap a good harvest which will generate enough income to safeguard her family. Invest in Shimla now and bring the change in her life!

About Shimla Kumari Meena's livelihood

Shimla Kumari is an agripreneur who works 7 hours a day for 7 days a week. With this loan Shimla Kumari 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. Shimla Kumari Meena 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

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

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