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Sita

Devi Meena

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Sita

Devi Meena

#Breadwinner#hardworking
Sita needs credit to purchase a cow and fodder.

Agripreneur

Rajasthan

318 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Sita

Stories of Sita Devi Meena's perseverance and hard work are known to many people in Tonk. Her selfless nature has led her to provide a better future for her children. Sita has been involved with animal husbandry for the past 12 years. While she has managed to earn a decent living from it, she wishes to improve her business by selling more milk products. She wishes to use the loan to purchase a cow and some fodder for it. She has confidence in her ability to pay off her loan from the profit from selling milk products. Assist Sita realize her dream of improving her family's living conditions.

About Sita Devi Meena'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 Meena 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

25,000

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