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Pangi Parvathi

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

Agripreneur

Visakhapatnam, Andhra Pradesh

25,000 has been disbursed

195 potential days of livelihood i

0 is the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


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

0.0% 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

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

Andhra Pradesh and Telangana
Partner since 2020

About

WASSAN's vision is to establish participatory processes that strengthen Natural Resources Management practices to secure livelihoods of deprived communities, particularly scheduled castes and tribes, in drought prone areas.

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

73%

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

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