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Urmila Devi Meena

#positive#believer
Urmila requires credit to set up irrigation facilities for the new season.

Agripreneur

Tonk, Rajasthan

50,000 has been disbursed

318 potential days of livelihood i

50,000 is the current outstanding balance


Farming for over twelve long years, Urmila Devi has become very experienced and skilled farmer in Tonk district of Rajasthan. But due to the current situation, she can't start the new cultivation season without some financial support from Rang De. She will utilize the credit to arrange water engine, irrigation pipes and other equipment to fix the irrigation facilities in her farm.This will ensure adequate supply of water to her crops. Support Urmila now!

I wish to give a secure future for my family.

About Urmila Devi Meena's livelihood

Urmila Devi is an agripreneur who works 7 hours a day for 7 days a week. With this loan Urmila Devi 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 i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

50,000

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

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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