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Nakhatara Rana

#ambitious#achiever
Rana needs quality seeds, fertilizers, and pesticides to begin sowing.

Agripreneur

Ganjam , Odisha

6,000 has been disbursed

364 potential days of livelihood i

5,530 is the current outstanding balance

19.58 5.42 75 470 1800 130

20%

75%

5%


For over ten years, Rana has been toiling on his land. Rana is from Ganjam, Orissa. The COVID-19 crisis has put the family of five in great distress. With the sowing season just around the corner, Rana is looking to purchase seeds, fertilizers, and pesticides and employ labourers on his farm. The loan will help him purchase quality inputs and hire help on his farm to ensure a bountiful harvest. Invest in Rana to help him get through these tough times.

I wish to build a big house for my family.

About Nakhatara Rana's livelihood

Nakhatara is an agripreneur who works 8 hours a day for 7 days a week. With this loan Nakhatara will potentially obtain employment for 364 days.

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

Investee
pays i

6.0% flat p.a.

10.8% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 3.0%

5.4% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

6,000

Loan
tenure

10 months

Moratorium

2 months

Repayment
mode

EMI 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

A

Financial
Profile i

A

Gram Vikas

Established in

1979

With Rang De from

2020

Founded by

Mr. Joe Madiath

Gram Vikas, which literally translates to “Village Development”, has been working for the well-being of tribal and marginalized communities in inaccessible rural areas since 1979. Gram Vikas strives to promote sustainable, socially inclusive and gender equitable practices amongst these communities, thus enabling them to take control over their lives and reach a heightened sense of empowerment. The Vision of Gram Vikas is 'An equitable and sustainable society where people live in peace with dignity'. Gram Vikas' Mission is 'to promote processes which are sustainable, socially inclusive and gender equitable to enable critical masses of poor and marginalized rural people or communities to achieve a dignified quality of life'. Which would be characterized by: Assured access to basic education and adequate health services, Sustainable use and management of natural resources, Options for appropriate family and community infrastructure and sources of energy, Strong self-governing people’s institutions with equal participation of men and women.

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