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Arati

Devi

Agripreneur

Ajmer, Rajasthan

364 livelihood days

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Arati

Devi

#spirited#ambitious
Support Arati add chicks to her poultry business as she establishes a farm

Agripreneur

Rajasthan

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Arati

Working seven days a week for almost eight hours each day is entrepreneur, Arati Devi. She is a resident of Ajmer, Rajasthan and is supported by her 23-year-old husband, Tarachand who works as a PVT Tractor Driver. Arati now wants to make a big change to her poultry business and see it expand by adding more chicks to the existing brood. She hopes to make this happen using credit. She believes that this will help generate a better income at the end of every month. Ararti will also be using part of the fund to finance the purchase of poultry feed for the hens. Her plan for the future is to establish a much bigger poultry farm and sell fresh products on a larger scale. The funds from her business will be saved for the construction of a bigger house as she prepares to grow her family as well. Support young Arati today to see her fly her kite of success.

About Arati Devi's livelihood

Arati is an agripreneur who works 8 hours a day for 7 days a week. With this loan Arati will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Arati Devi has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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

Rajasthan Mahila Kalyan Mandal

   
Rajasthan
Partner since 2019
Partner logo

About

Rajasthan Mahila Kalyan Mandal Sanstha, Ajmer founded in 1975 started working in the field of disability & rehabilitation since 1988. Organization started Community Based Rehabilitation program in 1998 for those Children With Special Needs who couldn’t reached Day Care Centre due to transport or any other reason. Presently, Organization is working with more than 1900 CWSN in Rajasthan. RMKM works with rural communities and Persons With Disability to rehabilitate them by enabling ownership over environment, institutions and communication. The areas in which we work towards a more empower and equitable future are as follows: Education and Inclusion, Health, Livelihood Promotion and Micro-Credit, Human Resources Development

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rupees Icon

Rs 37,05,000

Disbursed
User circle icon

80

Investees
Repayment icon

100.0%

Repayments
Left quotes

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS