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Mandakini Ghadage

#self-starter#spirited
Invest in Mandakini as she diversifies her vegetable cultivation business

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

33,333.31 is the current outstanding balance

30 40 30 6667 6667 8889

30%

30%

40%


Hailing from Solapur, Maharashtra is Mandakini Ghadage. She lives with her husband, Hanumant, who works as a labourer in a private company. Together, they have a daughter, 12-year-old Arati who is studying. Mandakini's income comes from the sales of vegetables which are grown on her farm. She currently grows only two kinds but is ready to cultivate at least five. With access to credit, Mandakini has decided to purchase seeds and farming tools so she can diversify her produce. By doing so, she will be able to grow her monthly income to support her family. In addition, Mandakini hopes she will finally be able to construct a dream house for her daughter. Support Mandakini as she wins for her family.

My dream is to cultivate multiple vegetables on my farm.

About Mandakini Ghadage's livelihood

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

40,000

Loan
tenure

18 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

B

Financial
Profile i

A

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

95%

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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