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Lalita Gouda

#achiever#growth
Lalita needs credit to purchase quality inputs and hire labour for her farm.

Agripreneur

Koraput, Odisha

20,000 has been disbursed

318 potential days of livelihood i

20,000 is the current outstanding balance


Lalita is a skilled farmer from Koraput, Orissa. Farming provides the income for her family of six to sustain. Due to the pandemic, Lalita has been facing challenges in availing basic inputs required to cultivate the land such as seeds, fertilizers, and labor. A loan from Rang De would be of great help to Lalita as she would be able to start the new season on time and get a good yield. Invest in Lalita and support her secure the future of her family.

I wish to build a big house for my family.

About Lalita Gouda's livelihood

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

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

Investee
pays i

0.0% 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

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

Loan
amount

20,000

Loan
tenure

8 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

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 3,42,41,000

Disbursed

2071

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

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