false
false 0 0 tFVNsHpGHn

Poonamchand

Ninama

logoAgripreneur

logo Ratlam, Madhya Pradesh

logo 318 livelihood days i

b-img b-img b-img

Poonamchand

Ninama

#passionate#hustler
Poonamchand wishes to hold his harvest as they prepare for the upcoming sowing season.

logoAgripreneur

logo Ratlam, Madhya Pradesh

logo 318 potential days of livelihood i

32,400 loan is fully repaid

32,400 loan is fully repaid


Poonamchand is a farmer from Ratlam, Madhya Pradesh. His hard work over in the past few months has reaped him a bountiful harvest. To avoid distress selling of his crops, he has decided to hold their crops with an FPO until a fair price for the produce is obtained. The current scenario of the Covid crisis has put his family of three into a tight situation. While he has to make amends for family essentials, the cash flows have been affected tremendously. The loan amount will allow him to meet the immediate cash needs to buy input products for the upcoming Kharif season. Invest in Poonamchand's dreams.

I wish to increase my agricultural production.

About Poonamchand Ninama's livelihood

Poonamchand is an agripreneur who works 7 hours a day for 7 days a week. With this loan Poonamchand will potentially obtain employment for 318 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

32,400

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

   view website
Madhya Pradesh
Partner since 2020

About

Action for Social Advancement (ASA) is a grassroots NGO established in 1996 with its head office in Bhopal, Madhya Pradesh. At the heart of the organisation is the aim of developing livelihood security, which is facilitated by an intensive participatory process of natural resources development and local institutional development. ASA has played a key role in land and water resource development, promotion of sustainable farm practices and market linkages for smallholders across 2,200 villages in four states, Madhya Pradesh, Chhattisgarh, Jharkhand, and Bihar.

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

100.0%

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
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0