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Vimla

Devi

Agripreneur

TONK, Rajasthan

318 livelihood days

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Vimla

Devi

#Braveness # Hardworking
Vimla Devi needs credit for buying pump set for irrigation.

Agripreneur

Rajasthan

318 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Vimla

Vimla Devi aged 57 years is a resident of Deoli, Tonk in Rajasthan. She lives with her husband and two children. She is an experienced farmer and has been spending most of her time in her field. She also knows the importance of water preservation and irrigation. She has been working hard to get a good yield from her land and that's why she has requested a loan for buying a pump set for irrigation for her land. This will help the crops to grow healthy and will result in a good yield. Vimla Devi needs financial support to get a good yield and in turn good income. Invest in Vimla's farm.

About Vimla Devi's livelihood

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

15 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
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