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Sushila

Bai

Agripreneur

Tonk, Rajasthan

318 livelihood days

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Sushila

Bai

#growth#provider
Invest in Sushila to purchase a water pump for irrigation.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Sushila

Sushila Bai is a kind and dynamic woman who resides in Tonk, a town in Rajasthan teeming with farmers. Sushila is a person who has experienced the best and worst of times when it comes to farming. The drought in the area has resulted in the reduction of income for many farmers like her; lack of proper irrigation for farmland leads to livelihood issues for these farmers. When water becomes a vital element for farming, mere surface water is not enough. Thus, Sushila takes pride in using her loan and investing in a diesel engine water pump that helps her with irrigation. Subsequently, the increased income will help her build a better future for her family, especially for her children. Support Sushila now!

About Sushila Bai's livelihood

Sushila is an agripreneur who works 7 hours a day for 7 days a week. With this loan Sushila 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. Sushila Bai has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

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

Maitree Mahila Mandal Samiti Dooni
   
Partner logo

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

FUNDS

INDIVIDUALS