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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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Rukmin Raut

#achiever#growth
Rukmin needs to begin the sowing season.

Agripreneur

Beed, Maharashtra

20,000 has been disbursed

351 potential days of livelihood i

13,330 is the current outstanding balance

100 0 0 6670 0 0

100%

0%

0%


About Rukmin Raut

Rukmin needs to begin sowing for the Rabi season. She is from Beed, Maharashtra and lives with a family of four. The recent disruption due to the COVID-19 crisis has made it difficult for Rukmin to procure essential supplies. She is falling short of options and time is ticking. With the help of this loan, she will be able to buy all the essentials required such as seeds, fertilizer and labour and begin the season on time. This will help her to have a successful harvest and fulfill the needs of her family.

I wish to give a good education to my children.

About Rukmin Raut's livelihood

Rukmin is an agripreneur who works 9 hours a day for 6 days a week. With this loan Rukmin will potentially obtain employment for 351 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

20,000

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

 

A

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
Navchetana Sarvagin Vikas Kendra

Established in

2008

With Rang De from

2020

Founded by

Manisha Ghule

Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.

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