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Shakuntala

#provider#resilient
Shakuntala needs to purchase a buffalo to start a dairy farm.

Agripreneur

Alwar, Rajasthan

50,000 has been disbursed

364 potential days of livelihood i

43,749.98 is the current outstanding balance

100 0 0 6250 0 0

100%

0%

0%


Shakuntala is an experienced farmer from Alwar, Rajasthan. She has been cultivating her land for over ten years. But the income from farming is not enough for her family of four. So Shakuntala wishes to step into animal husbandry business which would provide her a more stable income. For that, she wants to borrow some credit to purchase a buffalo and open a big dairy farm. She would be able to save for her children's future from the additional income she gets from this new business. Let’s invest in Shakuntala and help her achieve her goals.

I wish to start a big dairy unit.

About Shakuntala 's livelihood

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

6.0% flat p.a.

10.8% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 3.0%

5.4% APR

Platform
charges i

1.0%

1.8% 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

IBTADA

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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