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Sita

Devi

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Sita

Devi

#courageous#ambitious
Invest in Sita to purchase a pipe for the irrigation of her crops.

Agripreneur

Rajasthan

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Sita

Sita is a farmer from Tonk who has been cultivating crops for twelve years, and continues to do so today. These crops are irrigated by a very old and rusty pipe that has developed many holes along its length in the past year, which has led to Sita's crops receiving much less than half of an adequate amount of water, which has resulted in a significant loss of crops. This loan will be used to purchase a new pipe to replace the old one, and Sita will once again be able to irrigate her crops with a pristine clean one that will use a reasonable amount of water, thus increasing her crops' yield, and enabling her to capitalize on an adequately sufficient crop yield, sell her crops at an acceptable price and ensure her family's self-sufficiency. Invest in Sita today!

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

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

20,000

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