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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Bhagat Ram Kol

#dedicated#believer
Bhagat Ram needs quality seeds and fertilizers to begin the sowing season.

Agripreneur

Shahdol, Madhya Pradesh

65,000 fully repaid

364 potential days of livelihood i


About Bhagat Ram Kol

Bhagat Ram has been farming his land for over ten years now. He is from Shahdol, Madhya Pradesh, and feeds a family of four. His experiences have taught him many lessons. He is strong and hopeful at the sight of peril. Currently, he is struggling to meet his credit needs. He wishes to store his produce from the last season and make arrangements for seeds and fertilizers to begin the upcoming sowing season. The sowing of seeds at the right time is essential. This loan will help him subsist and meet the expenses of all his requirements. Invest in his will to thrive.

I wish to give a good education to my children.

About Bhagat Ram Kol's livelihood

Bhagat Ram is an agripreneur who works 8 hours a day for 7 days a week. With this loan Bhagat Ram will potentially obtain employment for 364 days.

Interest Rate
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

Loan Details

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

Loan
amount

65,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

The rating is derived from the following data points.

Credit
bureau
score i

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Co-curated and referred by our Impact Partner

Action for Social Advancement

Madhya Pradesh
Partner since 2020

About

ASA works on leveraging the participatory action of the community to bring about positive developmental changes. While they extensively support agriculture and allied activities like small agri businesses, they also work in the field of watershed management and irrigation development.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rs 65,72,900

Disbursed

176

Investees

100%

Repayments

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA

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