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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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Geeta Devi

#enterprising#persevering
Enable Geeta add a buffalo to her herd and expand her business

Agripreneur

Ajmer, Rajasthan

48,000 has been disbursed

364 potential days of livelihood i

26,666.64 is the current outstanding balance

100 0 0 21333 0 0

100%

0%

0%


About Geeta Devi

A resident of Ajmer, Rajasthan, Geeta Devi is a mother to 11-year-old Vikash Beniwal and wife to Shiv Prakash, a labourer in the marble industry. Geeta has decided to seek credit to add a buffalo to her herd and boost the output of her animal husbandry business. She also intends to use a part of the fund to finance the purchase of buffalo fodder to sustain the buffalos as she takes care of them. Geeta hopes to make an income by selling milk in her neighbourhood and the excess to the local milk federation. The revenue she raises from her business will be used to support the education of her son as she aims to make him a government employee in the future. Geeta also wishes to expand her business to support her family and to better their quality of life. Invest in enterprising Geeta as she wins for her family.

My dream is to see my son become a government employee.

About Geeta Devi's livelihood

Geeta is an agripreneur who works 8 hours a day for 7 days a week. With this loan Geeta 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

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

Loan Details

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

Loan
amount

48,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Co-curated and referred by our Impact Partner

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

0 more to go -297 days remaining

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