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Gita Devi

#industrious#passionate
Support Gita install a bore well motor to efficiently irrigate her farm

Agripreneur

Ajmer, Rajasthan

25,000 has been disbursed

409 potential days of livelihood i

2,777.76 is the current outstanding balance

100 0 0 22222 0 0

100%

0%

0%


Mother and farmer Gita Devi is about to launch a new farming business. She is seeking a loan to install a bore well motor which will be used on her farm for the irrigation of her crops. The borewell motor will equip Gita to meet the requirements for water on her farm, without having to depend on external sources. Currently, Gita works for nine hours a day, seven days a week. This step forward is part of her bigger plan to one day establish a big farming house. In addition, Gita hopes the funds from her farming business will enable her to educate her two daughters, Renuka and Priyanka so they can work for the government in the future. Invest in industrious Gita today.

My dream is to establish a big farming house.

About Gita Devi's livelihood

Gita is an agripreneur who works 9 hours a day for 7 days a week. With this loan Gita will potentially obtain employment for 409 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

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

A

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

0 more to go -630 days remaining

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