Mahananda Jadhav

#breadwinner#growth
Invest in Mahananda to enable her to purchase seeds and fertilizers for the sowing season.

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

40,000 is the current outstanding balance


About Mahananda Jadhav

Mahananda is from Solapur, Maharashtra, and lives with a family of six. Through her eight years of farming, she has experienced a number of challenges. However, Mahananda has always been strong. She has faced every hurdle with her perseverance. The COVID-19 pandemic has, however, brought with it, an entirely new set of challenges. With the sowing season starts, Mahananda is finding it difficult to avail quality input goods while making sure that essentials are available at home at all times. Mahananda is seeking credit for drip irrigation, and other input products to ensure that her livelihood is not affected. She wishes to cultivate tomato and chillies for the coming season. Invest in Mahananda today.

I wish to build a big house for my family.

About Mahananda Jadhav's livelihood

Mahananda is an agripreneur who works 7 hours a day for 6 days a week. With this loan Mahananda 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

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

Loan Details

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

Loan
amount

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI 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

 

A

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

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 1,07,07,500

Disbursed

368

Investees

100%

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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