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Mandakini

Ghadage

Agripreneur

Solapur, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Mandakini

Ghadage

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

Agripreneur

Maharashtra

273 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Mandakini

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Mandakini Ghadage has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% 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

Investee
occupation

Farming

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

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

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS