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Bhuvneshwari Nagnath Hukkire

#growth#provider
Bhuvneshwari needs quality seeds and fertilizers to begin the Rabi season.

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

11,121.29 is the current outstanding balance

99.96 0 0.04 28879 10 0

100%

0%

0%


Bhuvneshwari needs to begin sowing for the Rabi season. She is from Solapur, Maharashtra, and lives with a family of four. The recent disruption due to the COVID-19 crisis has made it difficult for Bhuvneshwari to procure essential supplies. She is falling short of options and time is ticking. With the help of this loan, she will be able to buy all the essentials required and begin the season on time. This will help her to have a successful harvest and fulfilling the needs of her family.

I wish to purchase a tractor for my farm.

About Bhuvneshwari Nagnath Hukkire's livelihood

Bhuvneshwari Nagnath is an agripreneur who works 7 hours a day for 6 days a week. With this loan Bhuvneshwari Nagnath will potentially obtain employment for 273 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

40,000

Loan
tenure

18 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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rs 1,15,25,500

Disbursed

388

Investees

90%

Repayments

Customized loan products with affordable interest rates and long repayment tenures help the women entrepreneurs in our community to reinvest their income and expand their business turnover.

- Amar Shrimal, Chief Operations Officer, SSK

0 more to go -381 days remaining

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