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false 0 0 YaRBpbkmc5

Sumati

Devi

logoAgripreneur

logo Pali, Rajasthan

logo 1,00,000 has been disbursed

logo 195 livelihood days i

b-img b-img b-img

Sumati

Devi

#resilient#ambitious
Support Sumati to arrange irrigation facilities on her farm and have a successful season.

logoAgripreneur

logo Pali, Rajasthan

logo 1,00,000 has been disbursed

logo 195 potential days of livelihood i

53,333.31 is
the current outstanding balance

87.5 0 12.5 46667 6667 0

88%

12%

0%


Sumati has an experience of eighteen years in farming. She is from Pali, Rajasthan, and feeds a family of four. As the new season is around the corner, she is struggling to meet her credit needs. She has to make arrangements for irrigation facilities to begin the new season. This loan will help her get a tube well dug for her farm and purchase a motor and cables. This will ensure water for her crops throughout the season. Support Sumati's will to thrive.

I wish to explore better farming techniques.

About Sumati Devi's livelihood

Sumati is an agripreneur who works 6 hours a day for 5 days a week. With this loan Sumati 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

1,00,000

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

 

B

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