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Sumitra

Devi

Agripreneur

Chittorgarh, Rajasthan

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sumitra

Devi

#breadwinner#hardworking
Support Sumitra as she buys quality farming inputs.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sumitra

Sumitra Devi has been practicing farming in Chittorgarh for the past fifteen years. She leaves no stone unturned to ensure that she grows only the best quality produce. Her dedication and hard work have paid off and she enjoys a good income from farming. Currently, she wishes to expand her business and invest in better farming inputs. She is looking for a loan so that she can purchase fertilizers and seeds, with better quality and quantity as well as start growing newer and more lucrative produce. Support Sumitra to make all the arrangements are cultivate her land on time.

About Sumitra Devi's livelihood

Sumitra is an agripreneur who works 7 hours a day for 7 days a week. With this loan Sumitra will potentially obtain employment for 318 days.

Interest Rate

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

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

6 months

Moratorium

2 months

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very 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

Manjari Foundation
   
Partner logo

Established in

2015

With Rang De from

2021

Founded by

Mr. Sanjay kumar sharma

Manjari Foundation is a non-profit social development organization registered under section 8 of the companies' act 2013. Manjari Foundation, a registered non-profit organization established in May 2015, is committed to help women from marginalized communities overcome social injustice, poverty and exclusion. Manjari Foundation supports rural women initiative at grass-root levels to facilitate empowerment so that they can lead a dignified life. Manjari Foundation has come up with an effective and easily adaptable Manjari model which is capable of bringing in social and economic changes in adverse conditions.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS