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Farjana Amin Sayyad

#leader#ambitious
Farjana needs to add a sprinkler to her farm.

Agripreneur

Solapur, Maharashtra

50,000 has been disbursed

364 potential days of livelihood i

50,000 is the current outstanding balance

0 40 60 0 8333 5556

0%

60%

40%


For over eight years, Farjana has been toiling on her land. Farjana is from Solapur, Maharashtra. The COVID-19 crisis has put the family of two in great distress. With the sowing season just around the corner, Farhana is looking to set up a sprinkler and a pipeline on her farm. The loan will help her add value to her business and support her husband who runs a stationary shop to make ends meet. Farjana also wishes to save up her provits and invest in the purchase of another shop to expand the family's business. Invest in Farhana to help her get through these tough times.

My dream is to be a successful social worker.

About Farjana Amin Sayyad's livelihood

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

50,000

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 1,15,70,500

Disbursed

389

Investees

91%

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

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