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#RootforRangDe

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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Gita Devi

#provider#resilient
Gita Devi needs quality seeds and fertilizers to begin the Rabi season.

Agripreneur

Tonk, Rajasthan

30,000 has been disbursed

364 potential days of livelihood i

30,000 is the current outstanding balance


About Gita Devi

Gita Devi is an experienced farmer. She has toiled on her farm for twenty-five years. Gita lives with a family of five and agriculture brings in the income to sustain. There are times when the going gets tough but Gita never backs down. Due to a disruption in the supply chain, Gita finds it difficult to get essential supplies for beginning the new Rabi season. With this loan, she will be able to buy quality seeds and fertilizers, hire labour, and start the season on time. It also will support her family through this crisis. Invest in Gita and help her tide through these trying times.

I wish to expand my agriculture activity.

About Gita Devi's livelihood

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

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% 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

30,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

 

A

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
Maitree Mahila Mandal Samiti Dooni

Established in

2009

With Rang De from

2020

Founded by

Geeta Devi

Maitree Mahila Mandal Samiti Dooni works with small and marginal farmers from Rajasthan. The major source of income is agriculture and income through migration. The average landholding of farmers that the federation works with is about 1 acre while a few communities are also landless. As a result of lockdown, most of the community members have migrated back to the villages and the means of income is adversely affected. As a result, the cash flows of the community members are hit. These community members are looking for an alternative source of income by reviving their agricultural activities. Maitree supports the communities with the best agriculture and technical practices to ensure a good yield. Maitree Mahila Mandal Samiti Dooni is promoted by SRIJAN.

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