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Mina Bardole

#leader#aspirer
Mina wants to scale up her livestock farming business

Agripreneur

solapur, Maharashtra

25,000 has been disbursed

273 potential days of livelihood i

14,583.3 is the current outstanding balance

83.33 0 16.67 10417 2083 0

83%

17%

0%


Mina breaks the dawn by nurturing her fleet of livestock. Rearing, feeding and grazing the herd of goats keeps her busy throughout the day. Her husband farms the land they own but with the effects of climate change on the region, the income is meagre and uncertain at times. While her son works as a chauffeur, Mina is left alone with ample time. Her cattle business keeps her occupied and supplements the household income. With this loan, she plans to gather a few more goats under her shelter to earn more and contribute to the family income significantly.

My dream is to build a home for my family.

About Mina Bardole's livelihood

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

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

A

Financial
Profile i

A

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

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

Rs 1,16,60,500

Disbursed

394

Investees

100%

Repayments

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

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