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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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Lalit Singh Athani

#hustler#growth
Lalit needs quality seeds and fertilizers to begin the Rabi season.

Agripreneur

Bageshwar, Uttarakhand

30,000 has been disbursed

455 potential days of livelihood i

28,750 is the current outstanding balance

50 0 50 1250 1250 0

50%

50%

0%


About Lalit Singh Athani

Lalit needs to begin sowing for the Rabi season. He is from Bageswar, Uttarakhand and lives with a family of three. The recent disruption due to the COVID-19 crisis has made it difficult for Lalit to procure essential supplies. He is falling short of options and time is ticking. With the help of this loan, he will be able to buy all the essentials required such inputs for fencing and seeds to begin the season on time. This will help him to have a successful harvest and fulfil the needs of his family.

I wish to own my own vegetable business.

About Lalit Singh Athani's livelihood

Lalit is an agripreneur who works 10 hours a day for 7 days a week. With this loan Lalit will potentially obtain employment for 455 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

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

1.0%

1.8% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Agro products

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Co-curated and referred by our Impact Partner
Udhyam housed under Agrani India Foundation

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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