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Manoj Rathod

#positive#passionate
Support Manoj store his produce and get a good price.

Agripreneur

Yavatamal, Maharashtra

95,000 has been disbursed

273 potential days of livelihood i

95,000 is the current outstanding balance


Manoj has been working hard on his farm for over five years. Living with a family of five in Yavatamal, Maharashtra, farming has been the main source of revenue to run the household. Now, he is seeking credit to avail a good storage unit for his previously cultivated produce. This will help him store his produce till the market price is high and avoid distress selling. He will also use the credit to start the new Rabi season on time.

I wish to explore better farming methods.

About Manoj Rathod's livelihood

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

5.00% flat p.a.

9.00% APR

Social
Investor i

2.00%

3.60% APR

Impact
Partner i

up to 2.00%

3.60% APR

Platform
charges i

1.00%

1.80% APR

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

Loan
amount

95,000

Loan
tenure

6 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

A

Gramheet Private Limited

Established in

2020

With Rang De from

2020

Founded by

Pankaj Prakash Mahalle, Shweta Suresh Thakare

Gramheet is a social enterprise committed towards a 'farmers' first approach. Gramheet provides farmers with a bundle of services ranging from pre to post-harvest through collaboration with FPOs using a digital platform. The services offered include warehouse facilities, post-harvest credit, market linkages, access to farm inputs, input credit and value-added services at their village trade centres. It acts as a one-stop service centre for farmers where they can avail all the services at farm-gate. Gramheet aims to increase the farmer’ income while reducing their debt burden from informal sources. Currently, Gramheet is operating in the Yavatmal district of Maharashtra (Central India) which is is considered to be the most distressed agricultural region has recorded the highest number of 'farmers' suicide in the country.

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