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Kanta

Devi

Agripreneur

Alwar, Rajasthan

364 livelihood days

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Kanta

Devi

#positive#courageous
Support Kanta buy a buffalo so she can launch her dairy business.

Agripreneur

Rajasthan

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Kanta

Meet Kanta Devi, a hard-working woman living in Alwar, Rajasthan. Kanta has been working as a farmer for the last eight years, supporting her family of four. She’s now looking to take a step forward with the support of a Rang De loan. Her plan is to purchase a buffalo, a potentially lucrative asset. Kanta hopes that through the sales of milk, she will be able to increase her income, support her family and also kick start a small but successful dairy business. Invest in Kanta Devi to see her progress.

About Kanta Devi's livelihood

Kanta is an agripreneur who works 8 hours a day for 7 days a week. With this loan Kanta 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. Kanta Devi has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

2.00%

3.60% 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

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

Ibtada
   view website
Partner logo

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS