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Rashika

Mainde

Agripreneur

Yavataml, Maharashtra

234 livelihood days

Borrower Image 1 Borrower Image 2

Rashika

Mainde

#believer#achiever
Enable Rashika to avail storage facility for her produce.

Agripreneur

Maharashtra

234 potential days of livelihood

98,000 loan is fully repaid

98,000 loan is fully repaid


About Rashika

Rashika Mainde from Yavatamal is a hardworking woman and has been involved in farming for the past five years. She had a good harvest from the last season, but due to the disruption in the market, she could not sell her produce on time. She, like many others in the local community, does not have a storage facility for her produce which often leads to distressed sales. With your help, Rashika will be able to rent a storage facility for her crops and sell her produce at a better price to wholesalers. She needs a loan for the same and it will also be used for cultivating her land in the upcoming season. Invest in Rashika now!

About Rashika Mainde's livelihood

Rashika is an agripreneur who works 6 hours a day for 6 days a week. With this loan Rashika will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rashika Mainde has consented to pay the interest as below:

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

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

Loan
amount

98,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Excellent

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Gramheet Private Limited
   view website
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS