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Nasimabi Ajij Shaikh

#breadwinner#Passionate
Nasimabi needs to install a drip irrigation system to begin sowing.

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

33,333.31 is the current outstanding balance

60 0 40 6667 4444 0

60%

40%

0%


Nasimabi has been farming on her land for over nine years now. She is from Solapur, Maharashtra and feeds a family of four. Her experiences have taught her many lessons. She is strong and hopeful at the sight of peril. Currently, she is struggling to meet her credit needs. She will use this loan to build a pond on her farm and invest in drip irrigation. In a drought prone area like Solapur, this will be a valuable investment for her business. Invest in her will to thrive.

I wish to give a good education to my children.

About Nasimabi Ajij Shaikh's livelihood

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

40,000

Loan
tenure

18 months

Moratorium

None

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

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 1,15,70,500

Disbursed

389

Investees

91%

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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