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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Prema Ramesh

#courageous#gogetter
Prema needs to begin the sowing season.

Agripreneur

Pudukkottai, Tamil Nadu

10,000 has been disbursed

364 potential days of livelihood i

10,000 is the current outstanding balance


About Prema Ramesh

Prema has been working hard on her farm for over fifteen years. Living with a family of four in Pudukkottai, Tamil Nadu, farming has been the main source of revenue to run the household. With the onset of a new season, Prema needs a fresh supply of seeds, fertilizers, and pesticides. She wishes to cultivate paddy this season. The loan amount will help her add value to her produce and reap a quality harvest by the end of the season. The timely disbursal of the loan amount will ensure her a profitable season. Invest in her as she supports her family.

I wish to expand my agriculture activity.

About Prema Ramesh's livelihood

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

Interest Rate
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

Loan Details

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

Loan
amount

10,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

Co-curated and referred by our Impact Partner
Vrutti

Established in

2020

With Rang De from

2020

Founded by

Raghunathan Narayanan

Vrutti is a centre for sustainable livelihoods enhancing people’s well-being through knowledge, innovation and transformative actions. They work through an ecosystem approach integrating and delivering services that empower small producers and marginalized grow their way out of poverty and uncertainty and to be 3 times more profitable.

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