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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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Kamala Majhi

#strength# breadwinner
Kamala needs essential labour, seeds, and equipment to begin the sowing season.

Agripreneur

Koraput, Orissa

15,000 has been disbursed

273 potential days of livelihood i

8,750 is the current outstanding balance

62.5 0 37.5 6250 3750 0

62%

38%

0%


About Kamala Majhi

Kamala has been farming her land for over fifteen years now. She is from Boipariguda, Orissa and feeds a family of six. Her experiences over the course have taught her many lessons. She is strong and hopeful at the sight of peril. Currently, she is struggling to meet her credit needs. She has to make arrangements for seeds and fertilizers to begin the new Kharif season. The sowing of seeds at the right time is essential. This loan will help her subsist and meet the expenses of all her requirements. Invest in her will to thrive.

I wish to build a big house for my family.

About Kamala Majhi's livelihood

Kamala is an agripreneur who works 6 hours a day for 7 days a week. With this loan Kamala will potentially obtain employment for 273 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

15,000

Loan
tenure

9 months

Moratorium

3 months

Repayment
mode

EMI 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

A

Financial
Profile i

B

Co-curated and referred by our Impact Partner

Harsha Trust

Orissa
Partner since 2020

About

Harsha Trust works collaboratively with NGOs, government and corporations to enable small and marginal farmers to increase their income. It primarily implements grassroots development projects for sustainable natural resource/enterprise-based livelihood generation and better health of communities.

Impact Narrative

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 2,16,71,000

Disbursed

1369

Investees

100%

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.

- Kallul Bora, Executive Director, Harsha Trust

0 more to go -260 days remaining

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