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Lalchand

Vishwakarma

Agripreneur

Umariya, Madhya Pradesh

318 livelihood days

Borrower Image 1 Borrower Image 2

Lalchand

Vishwakarma

#strength#breadwinner
Lalchand needs essential labour, seeds, and equipment.

Agripreneur

Madhya Pradesh

318 potential days of livelihood

24,500 loan is fully repaid

24,500 loan is fully repaid


About Lalchand

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

About Lalchand Vishwakarma's livelihood

Lalchand is an agripreneur who works 7 hours a day for 7 days a week. With this loan Lalchand will potentially obtain employment for 318 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Lalchand Vishwakarma has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

24,500

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Action for Social Advancement

   view website
Madhya Pradesh
Partner since 2020
Partner logo

About

Action for Social Advancement (ASA) is a grassroots NGO established in 1996 with its head office in Bhopal, Madhya Pradesh. At the heart of the organisation is the aim of developing livelihood security, which is facilitated by an intensive participatory process of natural resources development and local institutional development. ASA has played a key role in land and water resource development, promotion of sustainable farm practices and market linkages for smallholders across 2,200 villages in four states, Madhya Pradesh, Chhattisgarh, Jharkhand, and Bihar.

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.

Rupees Icon

Rs 65,72,900

Disbursed
User circle icon

175

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS