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Sodi

Devi

Agripreneur

pali, Rajasthan

162 livelihood days

Borrower Image 1 Borrower Image 2

Sodi

Devi

#courageous#gogetter
Sodi needs quality seeds and fertilizers to begin the new season.

Agripreneur

Rajasthan

162 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Sodi

Sodi needs to begin sowing for the new season. She is from Pali, Rajasthan, and lives with a family of six. The recent disruption due to the COVID-19 crisis has made it difficult for Sodi to procure essential supplies. She is falling short of options and time is ticking. With the help of this loan, she will be able to buy all the essentials required and begin the season on time. She needs to hire labour and meet the transportation costs as well. This will help her to have a successful harvest and fulfilling the needs of her family.

About Sodi Devi's livelihood

Sodi is an agripreneur who works 5 hours a day for 5 days a week. With this loan Sodi will potentially obtain employment for 162 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sodi Devi has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% 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:
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

Ghoomar Mahila Samiti
   
Partner logo

Established in

2015

With Rang De from

2020

Founded by

SAGI BAI

Registered under the societies registration act on 2nd February 2015, the federation comprises 4000 women. The federation works with the tribal communities of Rajasthan. The main source of income for the communities here is agriculture, stone-cutting and daily wage labour. With a strong presence of moneylenders charging exorbitant rates of interest, these communities have no other choice but to borrow at these rates to keep their business going. Ghoomar has been working tirelessly with these communities to help them build their livelihoods in a more sustainable manner by providing them with access to low cost credit and supporting their livelihood activities.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS