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Mevaram

Nanda

logoAgripreneur

logo Mandla , Madhya Pradesh

logo 260 livelihood days i

b-img b-img b-img

Mevaram

Nanda

#keen#gogetter
Mevaram wishes to purchase input material for the upcoming season.

logoAgripreneur

logo Mandla , Madhya Pradesh

logo 260 potential days of livelihood i

27,200 loan is fully repaid

27,200 loan is fully repaid


Mevaram is a hard working farmer. Toiling hard for the past months , he had been hoping to sell his harvest at a reasonable price.However, with the supply lines disrupted, he has been struggling to sell off the produce. To avoid distress selling, he has decided to hold their produce at a FPO until the market stabilizes and a fair price is obtained. However, his immediate cash needs still remain unmet. Mevaram lives with a family of seven and is from Madhya Pradesh. The loan amount will help him receive the much needed cash to help meet the expenses incurred in purchase of input products for the kharif season.

I want to develop Agri business

About Mevaram Nanda's livelihood

Mevaram is an agripreneur who works 8 hours a day for 5 days a week. With this loan Mevaram will potentially obtain employment for 260 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.00% flat p.a.

0.00% APR

Social
Investor i

0.00%

0.00% APR

Impact
Partner i

up to 0.00%

0.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

27,200

Loan
tenure

9 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

Action for Social Advancement

   view website
Madhya Pradesh
Partner since 2020

About

Action for Social Advancement (ASA) is a grassroots NGO established in 1996 with its head office in Bhopal, Madhya Pradesh. At the heart of the organisation is the aim of developing livelihood security, which is facilitated by an intensive participatory process of natural resources development and local institutional development. ASA has played a key role in land and water resource development, promotion of sustainable farm practices and market linkages for smallholders across 2,200 villages in four states, Madhya Pradesh, Chhattisgarh, Jharkhand, and Bihar.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rs 65,72,900

Disbursed

175

Investees

100.0%

Repayments

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA
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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0