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Kannagi Muthu

#eager# energetic
Kannagi's all important purchase awaits your support

Agripreneur

Dharmapuri, Tamil Nadu

35,000 Loan is fully repaid

91 potential days of livelihood i


Kannagi Muthu has become very skilled at the art of juggling motherhood and managing a household, while also running a business. She hails from Dharmapuri, Tamil Nadu, and is one among the few who does it all. She's a true spirited superwoman who now wants to turn things up a notch by purchasing a cow. She wants to support her family of five and to ensure her children are given a quality education. To do so, she has applied for the Rang De loan, a step launching her towards becoming financially sound and stable. Contribute to her success.

My dream is to give my children a quality education.

About Kannagi Muthu's livelihood

Kannagi is an agripreneur who works 2 hours a day for 7 days a week. With this loan Kannagi will potentially obtain employment for 91 days.

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

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

Loan
amount

35,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

A

Financial
Profile i

B

Sittilingi Valley Organic Farmers Producer Company Ltd

Established in

2015

With Rang De from

2019

Founded by

Dr Regi George

Tribal Health Initiative began with the efforts of a doctor couple in Sittilingi Valley in 1993, catering to the health needs of the local Malaivasi tribal population. In 2004, after successful community health work in the region, the team realized that to holistically address the health issues of the population, other socio-economic concerns would have to be taken into consideration and improved upon. This was the motivation for starting the Tribal Farming Initiative which encouraged farmers to switch from cash crops and mono cropping to their traditional organic roots, as a means to improve their financial status by escaping debts and forced migration. The Sittilingi Valley Organic Farmers Association was formed with around 500 certified organic farmers promoting the further use of traditional seeds, organic fertilizers, pesticides and manure.

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