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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Fori Devi Meena

#ambitious#resilient
Fori Devi needs to begin the sowing season.

Agripreneur

Tonk, Rajasthan

30,000 has been disbursed

364 potential days of livelihood i

30,000 is the current outstanding balance


About Fori Devi Meena

Fori Devi needs to begin sowing for the Rabi season. She is from Tonk, Rajasthan, and lives with a family of six. The recent disruption due to the COVID-19 crisis has made it difficult for Fori Devi to procure essential supplies. She is falling short of options and time is ticking. With the help of this loan, she will be able to buy all the essentials required and begin the season on time. She also needs to fence her field and set up an irrigation system before sowing. This will help her to have a successful harvest and fulfill the needs of her family.

I wish to expand my agriculture activity.

About Fori Devi Meena's livelihood

Fori Devi is an agripreneur who works 8 hours a day for 7 days a week. With this loan Fori Devi 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.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

Co-curated and referred by our Impact Partner
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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