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Vimla

Devi

Agripreneur

Tonk, Rajasthan

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Vimla

Devi

#Breadwinner#hardworking
Vimla Devi needs credit to purchase a buffalo.

Agripreneur

Rajasthan

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Vimla

Vimla Devi is a hard worker and understands perseverance; this is what sets her apart from many others. Vimla Devi is a resident of Tonk district, which is home to many farmers cultivating grass for their animals. Vimla Devi contributes to her husband's animal husbandry business by feeding the herd with grass to grow beautiful and healthy offspring. When several challenges came her way, Vimla determinedly stood up against them with sheer perseverance. Vimla will buy a buffalo calf and raise it to adulthood, use the milk for family consumption, and sell the excess to the local dairy, thus earning an extra income from it. The loan will help Vimla grow her business and add new members to her herd.

About Vimla Devi's livelihood

Vimla is an agripreneur who works 7 hours a day for 6 days a week. With this loan Vimla will potentially obtain employment for 273 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

8.00% flat p.a.

14.40% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

4.00%

7.20% 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

Animal husbandry

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