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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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Lalita Devi

#growth#provider
Lalita needs quality seeds and fertilizers to begin the Rabi season.

Agripreneur

Nawada, Bihar

15,000 has been disbursed

273 potential days of livelihood i

15,000 is the current outstanding balance


About Lalita Devi

Lalita Devi is from Nawada, Bihar. Her experience of five years in farming has made her a skilled farmer. Living with a family of five, the main revenue earned is from cultivating their piece of land throughout the year. The oncoming Rabi season has brought Lalita working on her toes. While her hard work alone can’t ensure a bountiful harvest, she needs a loan to make essential Agri inputs available to ensure quality produce. She also needs to pay for the labour. Invest in Lalita as she aims for a profitable season.

I wish to build a big house for my family.

About Lalita Devi's livelihood

Lalita is an agripreneur who works 6 hours a day for 7 days a week. With this loan Lalita will potentially obtain employment for 273 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

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

Loan Details

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

Loan
amount

15,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

B

Financial
Profile i

B

Co-curated and referred by our Impact Partner
Sarva Seva Samity Sanstha

Established in

2003

With Rang De from

2020

Founded by

Shri Vijay Mahajan

Sarva Seva Samity Sanstha was promoted in 2003 as a not for profit society to serve the most marginalized and in areas where most professionals were not able to reach. This is the reason it got registered in Gaya and was mandated to work with women and marginalized in the most difficult blocks where there was almost no reach of any NGO, MFI, and government programs. Sarva Seva Samity since 2003 has been working silently over the years in deep pockets of Bihar, Odisha, and Jharkhand and undertaking tasks like contract farming in Potato, Fee-based SRI, cultivation of True potato seed, undertaking saving and credit activities. With this mission to be at the grassroots and work on developing a sustainable and equitable society, Sarva Seva Samity continues to strive to bring in new technologies and processes and take up challenging issues that will help the poor and marginalized a have a better living and standard of life.

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