false
false 0 0 ubEcc1eKGF

Ambadas Ganpat

Atak

logoAgripreneur

logo Ahmadnagar, Maharashtra

logo 50,000 has been disbursed Tranche : 0

b-img b-img b-img b-img

Ambadas Ganpat

Atak

#ambitious# hardworking
Ambadas needs credit to finish the construction of his house.

logoAgripreneur

logo Ahmadnagar, Maharashtra

logo 50,000 has been disbursed Tranche : 0

12,494.04 is
the current outstanding balance

100 0 0 37506 0 0

100%

0%

0%


Ambadas lives in Ahmadnagar, Maharashtra with his family where he sells utensils. He started the construction of his house before Covid and due to the pandemic he couldn't finish the construction of his house. Currently, he is very close to finishing up the construction of his house and needs credit to meet the construction related expenses. This loan would support him and his family in owning a house. Invest in Ambadas today!

I want to educate my daughter so that she can become a police officer.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

5.50% flat p.a.

9.90% APR

Social
Investor i

2.00%

3.60% APR

Impact
Partner i

up to 2.00%

3.60% APR

Platform
charges i

1.50%

2.70% 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

Non-agro products

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

Snehalaya

   
Maharashtra
Partner since 2020

About

Snehalaya works towards developing awareness and capabilities of individuals who have been deprived of their fundamental rights, as a result of the inequalities that exist in our society. The agency provides rescue, rights and rehabilitative services to the communities in most need. They are now working with Curry Stone Design Collaborative and Hunnarshala Foundation on a redevelopment program for the slums of Sanjaynagar in Ahmednagar.

Impact Narrative

This partnership will enable 298 families of Sanjaynagar in Ahmednagar to become proud owners of their dream homes.

Rs 25,40,000

Disbursed

27

Investees

100.0%

Repayments

At a time when most banks and micro-finance institutions turned the residents of Sanjaynagar away, our partnership with Rang De has enabled us to introduce our community members to formal sources of credit for the first time.

- Hanif Shaikh, Assistant Director- Education, Snehalaya
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0