Meet Mantu Wadiwa, a hard-working woman living in Madhya Pradesh. Mantu has been working as a farmer for the last fifteen years, supporting her family of eight. She’s now looking to take a step forward with the support of a Rang De loan. Her plan is to purchase a goat, a potentially lucrative asset. Mantu hopes that through the sales of milk, she will be able to increase her income, support her big family and also expand her dairy business. Invest in Mantu to see her progress.
Mantu is an agripreneur who works 7 hours a day for 6 days a week. With this loan Mantu 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. Mantu Wadiwa 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Animal husbandry
Established in
2007
With Rang De from
2021
Founded by
Mr. Ashis Mondal
ASA Development Services (ASADS) is a non-profit company that was started in 2007 to utilise approaches of partnership, collaboration, resource pooling, and knowledge sharing to accelerate the process of development of the rural poor. ASADS complements work of its promoting organization Action for Social Advancement (ASA), by layering support services on the field. ASADS builds crucial financial links between the poor and the lending partners in the sector to bridge the gap of rural and urban development.
Share Mantu's profile
Invite your family and friends to view Mantu's profile on Rang De
