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Ambika Rajesha

#perseverance#passionate
Ambika needs to purchase input credits to ensure a continuity to her farming activity.

Agripreneur

K.R Nagar, Karnataka

15,000 Loan is fully repaid

312 potential days of livelihood i


Ambika is from Mysuru and lives with a family of three. Through her six years of farming, she has experienced a number of challenges. However, Ambika has always been strong. She has faced every hurdle with her perseverance. The COVID-19 pandemic has, however, brought with it, an entirely new set of challenges. With the sowing season starting, Ambika is finding it difficult to avail of quality input goods while making sure that essentials are available at home at all times. Ambika is seeking a credit to purchase seeds, fertilizers, and other input products to ensure that her livelihood is not affected. Invest in Ambika today.

I wish to get my son married.

About Ambika Rajesha's livelihood

Ambika is an agripreneur who works 8 hours a day for 6 days a week. With this loan Ambika will potentially obtain employment for 312 days.

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

The following section provides a detailed view of the investee loan requirement.

Loan
amount

15,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

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

 

C

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

VILD Foundation

Karnataka
Partner since 2019

About

VILD Foundation has been working to improve the socio-economic status of communities through formation and promotion of SHGs, microcredit and facilitating income generation activities. Presently they facilitate around 311 SHGs covering 90 villages & 6 towns in Mysore district.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rs 14,35,000

Disbursed

85

Investees

96%

Repayments

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD

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