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Pangi

Parvathi

logoAgripreneur

logo Visakhapatnam, Andhra Pradesh

logo 195 livelihood days i

b-img b-img b-img

Pangi

Parvathi

#courageous#gogetter
Parvathi needs essential labour, seeds, and equipment.

logoAgripreneur

logo Visakhapatnam, Andhra Pradesh

logo 195 potential days of livelihood i

25,000 loan is fully repaid

25,000 loan is fully repaid


Parvathi has been working hard on her farm for over six years. Living with a family of four in Visakhapatnam, Andhra Pradesh, farming has been the main source of revenue to run the household. With the onset of a new season, Parvathi needs a fresh supply of seeds, fertilizers, and pesticides. She aims to sow Millet this time with the help of the credit. The loan amount will help her add value to her produce and reap a quality harvest by the end of the season. Post harvest, she also hopes to use the credit to pay for processing the millets and availing cold storage units. The timely disbursal of the loan amount will ensure her a profitable season. Invest in Parvathi as she supports her family.

I wish to give a good education to my children.

About Pangi Parvathi's livelihood

Pangi is an agripreneur who works 5 hours a day for 6 days a week. With this loan Pangi will potentially obtain employment for 195 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

25,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Agro products

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

A

Watershed Support Services and Activities Network

   
Delhi
Partner since 2020

About

WASSAN’s vision is to establish participatory processes through a network approach that strengthens Natural Resources Management (NRM) practices to secure livelihoods of deprived communities in drought-prone areas. They engage and empower economically disadvantaged communities, particularly scheduled castes and tribes, in projects covering water management, crop management, afforestation, pasture/fodder development, rural energy management, soil, and land management, and the scope of their activities include capacity building, institutional development, networking, and advocacy. They have worked intensely with communities from Andhra Pradesh, Telangana, and Odisha.

Impact Narrative

To protect tribal farmers from falling prices of tamarind, Rang De and WASSAN have partnered to enable tribal farmers to meet the expenses of processing and storing their tamarind produce, while they wait for market conditions to improve.

Rs 24,40,000

Disbursed

71

Investees

100.0%

Repayments

Accessing credit from banks during the lockdown period has been very difficult in the tribal area. In these trying times, our partnership with Rang De has provided relief.

- Dr. M L Sanyasi Rao, Regional Program Manager, Wassan
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0