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Astama Mali

#breadwinner#hardworking
Needs essential seeds, fertilizers, and equipment for agriculture

Agripreneur

Nabarangpur, Odisha

₹ 40,000 has been disbursed

234 potential days of livelihood i

₹ 40,000 is the current outstanding balance

This farmer has been working hard on their farm for many years. Farming has been the main source of revenue to run the household. With the onset of a new season, there is a requirement of farming necessities like seeds, fertilizers and equipment. The loan amount will help them 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 a profitable season. Invest in them as they support their family.

I wish to expand my farming activities and provide a secure future to my dear ones.

About Astama Mali's livelihood

Astama is an agripreneur who works 6 hours a day for 6 days a week. With this loan Astama will potentially obtain employment for 234 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

₹ 40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

Flexible repayments 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

 

A

Rang De confidence score

 i


B

Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Know more

Harsha Trust

Orissa
Partner since 2020

About

Harsha Trust works collaboratively with NGOs, government and corporations to enable small and marginal farmers to increase their income. It primarily implements grassroots development projects for sustainable natural resource/enterprise-based livelihood generation and better health of communities.

Impact Narrative

With institutional credit drying up, Rang De has joined forces with Harsha Trust to provide small and marginal farmers interest free loans to purchase seeds and fertilisers for the Kharif season.

Rs 3,69,26,000

Disbursed

2186

Investees

100%

Repayments

The credit need among our community members is immediate. The timely credit from Rang De will help the farmers to grow the Kharif crop to their full capacity ensuring income and nutrition in their household during this time of uncertainty.

- Kallul Bora, Executive Director, Harsha Trust

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