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false 0 0 7zGScUboCP

Sumitra

Devi

logoAgripreneur

logo Tonk, Rajasthan

logo 50,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Sumitra

Devi

#hustler#dedicated
Support Sumitra to arrange irrigation facilities on her farm and have a successful season.

logoAgripreneur

logo Tonk, Rajasthan

logo 50,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,499.97 is
the current outstanding balance

100 0 0 37500 0 0

100%

0%

0%


A resident of Tonk, Sumitra Devi is a hardworking and honest farmer. Farming is Sumitra Devi's means of earning a living. She has been doing this for twelve years and her hard work is being recognized by the villagers. Being a woman, she had to deal with the situation with courage and strength. In recent years, she has earned a good name in her village. However, the last couple of years had been challenging. The weather provided no rains, and her crops failed. This condition forced her to appeal for a loan, which she used for irrigation purposes for her upcoming season. With the timely loan support, Sumitra's crops will be able to flourish again. This inspired Sumitra to continue her farming, and strive to increase her production. Sumitra's ultimate goal is to have a solid source of income for her family. Support Sumitra!

I wish to cultivate more varieties of crops.

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.

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

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

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

2.00%

3.60% APR

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

Loan
amount

50,000

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.

Maitree Mahila Mandal Samiti Dooni
   

Established in

2009

With Rang De from

2020

Founded by

Geeta Devi

Maitree Mahila Mandal Samiti Dooni works with small and marginal farmers from Rajasthan. The major source of income is agriculture and income through migration. The average landholding of farmers that the federation works with is about 1 acre while a few communities are also landless. As a result of lockdown, most of the community members have migrated back to the villages and the means of income is adversely affected. As a result, the cash flows of the community members are hit. These community members are looking for an alternative source of income by reviving their agricultural activities. Maitree supports the communities with the best agriculture and technical practices to ensure a good yield. Maitree Mahila Mandal Samiti Dooni is promoted by SRIJAN.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0