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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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Puroshottam Marotrao Hatwar

#positive#provider
Puroshattam needs quality seeds and fertilizers to begin the Rabi season.

Agripreneur

Yavatmal, Maharashtra

84,000 has been disbursed

312 potential days of livelihood i

84,000 is the current outstanding balance


About Puroshottam Marotrao Hatwar

Puroshottam has been farming his land for over twenty years now. He is from Yavatmal, Maharashtra and feeds a family of five. His experiences have taught him many lessons. He is strong and hopeful at the sight of peril. Currently, he is struggling to meet his credit needs. He 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 him subsist and meet the expenses of all his requirements. He will use this loan to invest in tools, labour, seeds, fertilizers and pesticides. Invest in his will to thrive.

I wish to build a big house for my family.

About Puroshottam Marotrao Hatwar's livelihood

Puroshottam is an agripreneur who works 8 hours a day for 6 days a week. With this loan Puroshottam will potentially obtain employment for 312 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

84,000

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

B

Co-curated and referred by our Impact Partner
Gramheet Private Limited

Established in

2020

With Rang De from

2020

Founded by

Pankaj Prakash Mahalle, Shweta Suresh Thakare

Gramheet is a social enterprise committed towards a 'farmers' first approach. Gramheet provides farmers with a bundle of services ranging from pre to post-harvest through collaboration with FPOs using a digital platform. The services offered include warehouse facilities, post-harvest credit, market linkages, access to farm inputs, input credit and value-added services at their village trade centres. It acts as a one-stop service centre for farmers where they can avail all the services at farm-gate. Gramheet aims to increase the farmer’ income while reducing their debt burden from informal sources. Currently, Gramheet is operating in the Yavatmal district of Maharashtra (Central India) which is is considered to be the most distressed agricultural region has recorded the highest number of 'farmers' suicide in the country.

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