false
false 0 0

Padmini Charate

#spirited#pioneer
Padmini needs your support to purchase three goats

Agripreneur

Solapur, Maharashtra

25,000 has been disbursed

273 potential days of livelihood i

4,166.6 is the current outstanding balance

83.33 0 16.67 20833 4167 0

83%

17%

0%


Hailing from Solapur, Maharashtra is, Padmini Charate. Her husband Sanjay Charate, works as a farmer and makes a monthly income of Rs. 9000/-. Padmini is an entrepreneur who is readying herself to scale up her business venture. She is seeking credit to buy three goats to expand her business. She hopes to make an income by selling the goat milk to residents in the neighbourhood. In addition to this, Padmini wishes to supplement her current income by starting an additional farming business on a plot of her own. Invest in Padmini as she pioneers change for her family.

My dream is to buy a farm.

About Padmini Charate's livelihood

Padmini is an agripreneur who works 7 hours a day for 6 days a week. With this loan Padmini 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

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 1,15,70,500

Disbursed

389

Investees

89%

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 -536 days remaining

added to cart