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Somi

Bai

logoAgripreneur

logo Pali, Rajasthan

logo 182 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Somi

Bai

#breadwinner#hardworking
Needs essential seeds, fertilizers, and equipment for agriculture,

logoAgripreneur

logo Pali, Rajasthan

logo 182 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

25,000 loan is fully repaid

25,000 loan is fully repaid


This farmer has been working hard on their farm for many years. Farming has been the main source of revenue to run the household. With the onset of a new season, there is a requirement of farming necessities like seeds, fertilizers and equipment. The loan amount will help them add value to her produce and reap a quality harvest by the end of the season. The timely disbursal of the loan amount will ensure a profitable season. Invest in them as they support their family.

I wish to expand my farming activities and provide a secure future to my dear ones.

About Somi Bai's livelihood

Somi is an agripreneur who works 7 hours a day for 4 days a week. With this loan Somi will potentially obtain employment for 182 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

0.00% flat p.a.

0.00% APR

Social
Investor The rate of return an investor makes

0.00%

0.00% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

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

0.00%

0.00% APR

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 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.

Ghoomar Mahila Samiti
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0