Gayatri Bhatra belongs to Nabarangpur district of Orissa. Farming provides the income for her family of five to meet the basic expenses of day-to-day life. She wants to borrow some credit to purchase quality seeds, fertilizers, and pesticides for cultivating sugarcane in the upcoming season. She is confident that this loan would support her dream of living a life with dignity and without the fear of landlord. Invest in Gayatri so that she can practice hassle-free agriculture.
Gayatri is an agripreneur who works 6 hours a day for 6 days a week. With this loan Gayatri 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. Gayatri Bhatra has consented to pay the interest as below:
Investee
pays
0.00% flat p.a.
0.00% APR
Social
Investor
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
₹ 30,000
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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