Agripreneur
Nabarangpur, Odisha
234 livelihood days
Agripreneur
Nabarangpur, Odisha
234 potential days of livelihood
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.
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
0.00% flat p.a.
0.00% APR
Social
Investor
0.00%
0.00% APR
Impact
Partner
up to 0.00%
0.00% APR
Platform
charges
0.00%
0.00% 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
Investee
occupation
Farming
Established in 2002, Harsha Trust works collaboratively with NGOs, government, and corporations to help small and marginal farmers increase their income and overcome poverty. They have been working mainly with the tribes of South and West Odisha. Harsha Trust primarily implements grassroots development projects for sustainable natural resource/enterprise-based livelihood generation and better health of communities. Over the last 17 years, it has worked intensively with more than 1,20,000 households to provide them with a higher income and a better quality of life.
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 3,79,26,000
Disbursed
2188
Investees
99.0%
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.
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