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Manika Muduli

#passionate#hustler
Manika needs essential labour, seeds, and equipment to begin the sowing season.

Agripreneur

Koraput, Odisha

20,000 Loan is fully repaid

195 potential days of livelihood i


Manika Muduli has been farming her land for over ten years now. She is from Koraput, Orissa, and feeds a family of four. Her experiences have taught her many lessons. She is strong and hopeful at the sight of peril. Currently, she is struggling to meet her credit needs. She has to make arrangements for seeds and fertilizers to begin the new Kharif season. The sowing of seeds at the right time is essential. This loan will help her subsist and meet the expenses of all her requirements. Invest in her will to thrive.

I wish to expand my agriculture activity.

About Manika Muduli's livelihood

Manika is an agripreneur who works 5 hours a day for 6 days a week. With this loan Manika will potentially obtain employment for 195 days.

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

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

Loan
amount

20,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Harsha Trust

Orissa
Partner since 2020

About

Harsha Trust works collaboratively with NGOs, government and corporations to enable small and marginal farmers to increase their income. It primarily implements grassroots development projects for sustainable natural resource/enterprise-based livelihood generation and better health of communities.

Impact Narrative

With institutional credit drying up, Rang De has joined forces with Harsha Trust to provide small and marginal farmers interest free loans to purchase seeds and fertilisers for the Kharif season.

Rs 3,42,41,000

Disbursed

2071

Investees

100%

Repayments

The credit need among our community members is immediate. The timely credit from Rang De will help the farmers to grow the Kharif crop to their full capacity ensuring income and nutrition in their household during this time of uncertainty.

- Kallul Bora, Executive Director, Harsha Trust

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