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Mukesh Damar

#provider#determined
Mukesh needs agri inputs to start a fresh season.

Agripreneur

Ratlam , Madhya Pradesh

42,000 Loan is fully repaid

312 potential days of livelihood i


Mukesh needs to begin sowing for the Kharif season. he is from Orissa and lives with a family of three. The recent disruption due to the COVID-19 crisis has made it difficult for Mukesh to procure essential supplies. He is falling short of options and time is ticking. With the help of this loan, He will be able to buy all the essentials required and begin the season on time. This will help him to have a successful harvest and fulfill the needs of his family.

I wish to expand my agriculture activity.

About Mukesh Damar 's livelihood

Mukesh is an agripreneur who works 8 hours a day for 6 days a week. With this loan Mukesh will potentially obtain employment for 312 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

42,000

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

Madhya Pradesh
Partner since 2020

About

ASA works on leveraging the participatory action of the community to bring about positive developmental changes. While they extensively support agriculture and allied activities like small agri businesses, they also work in the field of watershed management and irrigation development.

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%

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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