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Appikonda

Maheswara Rao

logoAgripreneur

logo Vizag, Andhra Pradesh

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img

Appikonda

Maheswara Rao

#growth#passionate
Maheswara needs access to storage facilities to safeguard his produce.

logoAgripreneur

logo Vizag, Andhra Pradesh

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

40,000 loan is fully repaid

40,000 loan is fully repaid


Maheswara has been practicing horticulture for five years now. He is from Paderu and lives with a family of three. Due to the unfavorable conditions, his tamarind produce is not selling at a reasonable price. The loan amount will help him access storage facilities to store his produce and also help him refine the produce with essential processing. Support Maheswara Rao financially.

I wish my children have a good future.

About Appikonda Maheswara Rao's livelihood

Appikonda is an agripreneur who works 8 hours a day for 7 days a week. With this loan Appikonda 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 The rate of interest charged to the investee

0.00% flat p.a.

0.00% APR

Social
Investor The rate of return an investor makes

0.00%

0.00% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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

Loan
amount

40,000

Loan
tenure

7 months

Moratorium

None

Repayment
mode

Flexible repayments Repaid during or at the end of the tenure

Investee
occupation

Agro products

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Watershed Support Services and Activities Network

   
Delhi
Partner since 2020

About

WASSAN’s vision is to establish participatory processes through a network approach that strengthens Natural Resources Management (NRM) practices to secure livelihoods of deprived communities in drought-prone areas. They engage and empower economically disadvantaged communities, particularly scheduled castes and tribes, in projects covering water management, crop management, afforestation, pasture/fodder development, rural energy management, soil, and land management, and the scope of their activities include capacity building, institutional development, networking, and advocacy. They have worked intensely with communities from Andhra Pradesh, Telangana, and Odisha.

Impact Narrative

To protect tribal farmers from falling prices of tamarind, Rang De and WASSAN have partnered to enable tribal farmers to meet the expenses of processing and storing their tamarind produce, while they wait for market conditions to improve.

Rs 24,40,000

Disbursed

71

Investees

100.0%

Repayments

Accessing credit from banks during the lockdown period has been very difficult in the tribal area. In these trying times, our partnership with Rang De has provided relief.

- Dr. M L Sanyasi Rao, Regional Program Manager, Wassan
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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0