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Sita

Devi

logoAgripreneur

logo Tonk, Rajasthan

logo 20,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Sita

Devi

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

logoAgripreneur

logo Tonk, Rajasthan

logo 20,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

4,999.97 is
the current outstanding balance

90 0 10 15000 1667 0

90%

10%

0%


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!

I wish to give a good education to my children.

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.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% APR

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 Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Maitree Mahila Mandal Samiti Dooni
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0