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Mahadevi Bansode

#energetic#hardworker
Mahadevi is increasing efficiency with a drip irrigation system

Agripreneur

Solapur, Maharashtra

25,000 has been disbursed

227 potential days of livelihood i

8,364.64 is the current outstanding balance

66.54 16.79 16.67 16635 4167 4198

67%

17%

17%


Mahadevi Bansode is a proud mother of four young girls, all enrolled in school. She and her husband Santosh are determined to ensure that their daughters get a great education. Mahadevi is taking this loan from Rang De in order to buy the equipment required to start using a drip irrigation system on her farm. She hopes that increasing irrigation efficiency will help her cut unnecessary costs, increase output from the farm, and hence also increase her income. She plans to set aside funds from this income for her daughters’ education. Mahadevi is also working towards supplementing her current livelihood with a milk business in the near future. Invest in Mahadevi to fuel real girl power.

My dream is to see my daughters achieve their dreams.

About Mahadevi Bansode's livelihood

Mahadevi is an agripreneur who works 5 hours a day for 7 days a week. With this loan Mahadevi will potentially obtain employment for 227 days.

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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI 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

A

Financial
Profile i

B

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rs 1,16,15,500

Disbursed

390

Investees

94%

Repayments

Customized loan products with affordable interest rates and long repayment tenures help the women entrepreneurs in our community to reinvest their income and expand their business turnover.

- Amar Shrimal, Chief Operations Officer, SSK

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