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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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Ravi Ashokrao Deshmukh

#growth#provider
Invest in Ravi Ashokrao to enable him to purchase agri inputs for the sowing season.

Agripreneur

Yavatmal, Maharashtra

98,000 has been disbursed

312 potential days of livelihood i

98,000 is the current outstanding balance


About Ravi Ashokrao Deshmukh

Ravi Ashokrao has been working hard on his farm for over seventeen years. Living with a family of three in Yavatmal, Maharashtra, farming has been the main source of revenue to run the household. With the onset of a new season, Ravi needs a fresh supply of seeds, fertilizers, and pesticides. With the loan amount, he needs to purchase agri inputs and other equipment, pay for labour, fix irrigation facilities, etc. The loan amount will help him add value to his product and reap a quality harvest by the end of the season. The timely disbursal of the loan amount will ensure him a profitable season, Invest in him as he supports his family.

I wish to give a good education to my children.

About Ravi Ashokrao Deshmukh's livelihood

Ravi Ashokrao is an agripreneur who works 8 hours a day for 6 days a week. With this loan Ravi Ashokrao 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

98,000

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
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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