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Korra

Dumbu

logoAgripreneur

logo Vizag, Andhra Pradesh

logo 364 livelihood days i

b-img b-img

Korra

Dumbu

#ambitious#resilient
Korra needs to begin the sowing season.

logoAgripreneur

logo Vizag, Andhra Pradesh

logo 364 potential days of livelihood i

12,500 loan is fully repaid

12,500 loan is fully repaid


Korra has been practicing agriculture for thirty-eight years now. He is from Vishakapatnam, Andhra Pradesh, and lives with a family of five. Due to the unfavorable conditions, his produce is not selling at a reasonable price. This loan will help him access storage facilities to store his produce and also help him refine the produce with essential processing. Korra wishes to invest this loan in a storage unit, while he sows and processes millets for the upcoming season. Support Korra financially.

I wish to purchase a new bike.

About Korra Dumbu's livelihood

Korra is an agripreneur who works 8 hours a day for 7 days a week. With this loan Korra will potentially obtain employment for 364 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.00% flat p.a.

0.00% APR

Social
Investor i

0.00%

0.00% APR

Impact
Partner i

up to 0.00%

0.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

12,500

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

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

B

Watershed Support Services and Activities Network

   
Andhra Pradesh and Telangana
Partner since 2020

About

WASSAN’s vision is to establish participatory processes through a network approach that strengthens Natural Resources Management (NRM) practices to secure livelihoods of deprived communities in drought-prone areas. They engage and empower economically disadvantaged communities, particularly scheduled castes and tribes, in projects covering water management, crop management, afforestation, pasture/fodder development, rural energy management, soil, and land management, and the scope of their activities include capacity building, institutional development, networking, and advocacy. They have worked intensely with communities from Andhra Pradesh, Telangana, and Odisha.

Impact Narrative

To protect tribal farmers from falling prices of tamarind, Rang De and WASSAN have partnered to enable tribal farmers to meet the expenses of processing and storing their tamarind produce, while they wait for market conditions to improve.

Rs 24,40,000

Disbursed

71

Investees

100.0%

Repayments

Accessing credit from banks during the lockdown period has been very difficult in the tribal area. In these trying times, our partnership with Rang De has provided relief.

- Dr. M L Sanyasi Rao, Regional Program Manager, Wassan
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0