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Durga Devi

#progressive#gogetter
Enable entrepreneur Durga buy a buffalo and scale up her business

Agripreneur

Ajmer, Rajasthan

50,000 has been disbursed

364 potential days of livelihood i

18,749.9 is the current outstanding balance

100 0 0 31250 0 0

100%

0%

0%


Durga Devi is an entrepreneur juggling motherhood while running a business. Her sons, Sanjay and Dinesh are presently enrolled in school. Her husband, Suresh works as a labourer and contributes to the family's income. Durga is seeking credit to purchase a buffalo and some fodder to grow her business. As her business grows, she hopes to sell the milk at the local milk federation. She believes that the increase in income from this business will help her support her family financially. Her plan for the future is to scale up her business further as she looks at having a stable contribution to the family's income. Join hands with progressive Durga today.

My dream is to expand my business and support my family.

About Durga Devi's livelihood

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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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 i

Investee
occupation

Animal husbandry

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

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.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

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

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