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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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Almina Ahmed

#believer#strength
Almina Ahmed needs to begin the sowing season.

Agripreneur

Nalbari, Assam

20,000 has been disbursed

130 potential days of livelihood i

13,333.32 is the current outstanding balance

66.67 0 33.33 6667 3333 0

67%

33%

0%


About Almina Ahmed

Almina has been working hard on her farm for over thirteen years. Living with a family of four in Nalbari, Assam, farming has been the main source of revenue to run the household. With the onset of a new season, Almina needs a fresh supply of seeds, fertilizers, and pesticides. She also needs to prepare the land and hire the labor for all these works. The loan amount will help her add value to her produce and reap a quality harvest by the end of the season. The timely disbursal of the loan amount will ensure her a profitable season. Invest in her as she supports her family.

I wish to expand my agriculture activity.

About Almina Ahmed's livelihood

Almina is an agripreneur who works 5 hours a day for 4 days a week. With this loan Almina will potentially obtain employment for 130 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

20,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

EMI 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

A

Financial
Profile i

A

Co-curated and referred by our Impact Partner
Seven Sisters Development Assistance

Established in

2011

With Rang De from

2020

Founded by

Aswini Bhattacharya

Award winning NGO Seven Sisters Development Assistance (SeSTA) works with more than 32,000 families in 470 far flung villages spread across 14 districts in three States (Assam, Meghalaya and Tripura) through 3000 Self Help Groups (SHGs). SeSTA has 23 professional field teams at the block level in all the working districts. SeSTA collectivizes women to form Self Help Groups (SHGs), builds their capabilities and strengthens livelihood systems to alleviate mass poverty in these far-flung villages. Through its work on agriculture interventions in food crop and vegetable crops, Natural Resources Management and intensification and diversification of other livelihoods portfolio like goat rearing, piggery, fisheries, mushroom cultivation etc. SeSTA has addressed the issues of economic disempowerment and discrimination in far flung villages of the NE. Despite being a new entity, SeSTA is today supported by renowned agencies in the development spaces including APPI, Tata Trusts, Indigo, NABARD etc. It is also the technical support partner for State Rural Livelihoods Mission in Arunachal Pradesh, Nagaland and Mizoram apart from being a direct engagement partner in Assam and Tripura. The organization has won the India Development Marketplace Award 2014 by World Bank and Chief Minister’s Best Action Award for Community Development. SeSTA has also won the prestigious Polestar award in the Social Impact category for the year 2019.

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