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Revati

Tekam

logoAgripreneur

logo Mandla , Madhya Pradesh

logo 312 livelihood days i

b-img b-img b-img

Revati

Tekam

#victorious#winner
Revati wishes to hold her harvest as they prepare for the upcoming sowing season.

logoAgripreneur

logo Mandla , Madhya Pradesh

logo 312 potential days of livelihood i

29,000 loan is fully repaid

29,000 loan is fully repaid


Revati has been farming for over six years. Throughout this journey, she has faced many ups and downs. With sheer perseverance and determination, she has overcome them all. Recently the COVID crisis has brought challenges that has put the farming community into a peril like never before. Revati lives in Mandla, Madhya Pradesh with a family of four and needs cash immediately to meet the needs of the upcoming sowing season. With the supply chains disrupted, she has not been able to sell his products at a fair price. To avoid distress selling of the crops, she is holding the crops at ASA's FPO. The loan amount will help her with the much-needed cash flow to meet his input needs for the Kharif season and to tide through until things get better.

Revati dreams to set up an irrigation system.

About Revati Tekam's livelihood

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

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.00% flat p.a.

0.00% APR

Social
Investor i

0.00%

0.00% APR

Impact
Partner i

up to 0.00%

0.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

29,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

i :

B

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

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

B

Financial Profile i

A

Action for Social Advancement

   view website
Madhya Pradesh
Partner since 2020

About

Action for Social Advancement (ASA) is a grassroots NGO established in 1996 with its head office in Bhopal, Madhya Pradesh. At the heart of the organisation is the aim of developing livelihood security, which is facilitated by an intensive participatory process of natural resources development and local institutional development. ASA has played a key role in land and water resource development, promotion of sustainable farm practices and market linkages for smallholders across 2,200 villages in four states, Madhya Pradesh, Chhattisgarh, Jharkhand, and Bihar.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rs 65,72,900

Disbursed

175

Investees

100.0%

Repayments

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0