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Prem Devi

# resilient#ambitious
Enable businesswoman Prem add to herd with a buffalo purchase

Agripreneur

Ajmer, Rajasthan

48,000 has been disbursed

364 potential days of livelihood i

20,000 is the current outstanding balance

100 0 0 28000 0 0

100%

0%

0%


Prem Devi, a resident of Ajmer in Rajasthan is all set to add to her animal husbandry business. She is seeking credit to make the purchase of a buffalo, an integral asset for her business. She hopes to increase her milk sales through the purchase so she can grow her income, and better support her family. Her husband, Shyoram also works as a farmer to support Prem. Prem hopes this step will enable her to raise enough funds to grow and expand her business by buying four more buffalos in the future. Support enterprising Prem as she wins for her husband.

I dream of expanding my small business.

About Prem Devi's livelihood

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

48,000

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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