false
false 0 0 YVkdkAvC8T

Sovani

Vai

logoAgripreneur

logo Pali, Rajasthan

logo 80,000 has been disbursed

logo 195 livelihood days i

b-img b-img b-img b-img

Sovani

Vai

#growth#provider
Support Sovani to arrange irrigation facilities and have a successful season.

logoAgripreneur

logo Pali, Rajasthan

logo 80,000 has been disbursed

logo 195 potential days of livelihood i

37,330.64 is
the current outstanding balance

100 0 0 42669 0 0

100%

0%

0%


For over twenty years, Sovani has been toiling on her land. She is from Pali, Rajasthan. The COVID-19 crisis has put the family of four in great distress. With the sowing season just around the corner, Sovani is looking improve the irrigation setup on her farm. The loan will help her to deepen the well to ensure enough water for her crops for a bountiful harvest. Invest in Sovani to help her get through these tough times.

I wish to purchase more agricultural land.

About Sovani Vai's livelihood

Sovani is an agripreneur who works 6 hours a day for 5 days a week. With this loan Sovani will potentially obtain employment for 195 days.

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

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

2.00%

3.60% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

80,000

Loan
tenure

15 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

B

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0