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Harishchand Sarote

#courageous#provider
Harischand wants to buy agri inputs.

Agripreneur

Mandla , Madhya Pradesh

14,800 Loan is fully repaid

273 potential days of livelihood i


Harishchand is an experienced farmer. He has toiled on her farm for seven years. He lives with a family of four and agriculture brings in the income to sustain. There are times when the going gets tough but Harishchand never backs down. Due to a disruption in the supply chain, he finds it difficult to get essential supplies for beginning the new Kharif season. With this loan, he will be able to buy quality seeds and fertilizers and it also will support his family through this crisis. Invest in Harishchand and help him tide through these trying times.

I wish to expand my agriculture activity.

About Harishchand Sarote 's livelihood

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

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

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

Loan
amount

14,800

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Action for Social Advancement

Madhya Pradesh
Partner since 2020

About

ASA works on leveraging the participatory action of the community to bring about positive developmental changes. While they extensively support agriculture and allied activities like small agri businesses, they also work in the field of watershed management and irrigation development.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rs 65,72,900

Disbursed

175

Investees

100%

Repayments

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA

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