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Sita

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Sita

Devi

#Braveness # Hardworking
Sita Devi needs credit to buy a buffalo.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sita

Sita Devi is a resident of Tonk, a small village in Rajasthan. Sita Devi has been practicing animal husbandry for the last 15 years. She has a small dairy business which requires an additional capital and has applied for a loan to buy a buffalo. From her humble beginnings, she has been able to save some money from her business profits which she wishes to invest in a buffalo that will help accelerate her growth. Along with her savings she needs some more amount to purchase a buffalo. Invest in Sita Devi who is looking to buy a buffalo to contribute to her family income and personal income.

About Sita Devi's livelihood

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

50,000

Loan
tenure

12 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