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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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Premi Devi

#passionate#ambitious
Premi needs quality seeds and fertilizers to begin the Rabi season.

Agripreneur

Pali, Rajasthan

15,000 has been disbursed

130 potential days of livelihood i

12,500 is the current outstanding balance

100 0 0 2500 0 0

100%

0%

0%


About Premi Devi

Premi has been farming her land for over twenty-five years now. She is from Pali, Rajasthan 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 has to make arrangements for seeds and fertilizers to begin the new Rabi season. The sowing of seeds at the right time is essential. This loan will help her subsist and meet the expenses of all her requirements. She will use this loan to purchase seeds and fertilizers. Invest in her will to thrive.

I wish to expand my agriculture activity.

About Premi Devi's livelihood

Premi is an agripreneur who works 4 hours a day for 5 days a week. With this loan Premi will potentially obtain employment for 130 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

15,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Co-curated and referred by our Impact Partner
GHOOMAR MAHILA SAMITI

Established in

2015

With Rang De from

2020

Founded by

SAGI BAI

Registered under the societies registration act on 2nd February 2015, the federation comprises 4000 women. The federation works with the tribal communities of Rajasthan. The main source of income for the communities here is agriculture, stone-cutting and daily wage labour. With a strong presence of moneylenders charging exorbitant rates of interest, these communities have no other choice but to borrow at these rates to keep their business going. Ghoomar has been working tirelessly with these communities to help them build their livelihoods in a more sustainable manner by providing them with access to low cost credit and supporting their livelihood activities.

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