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Rukumabi

Khadarbasha

Agripreneur

Solapur, Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Rukumabi

Khadarbasha

#ambitious# hardworking
Rukumabi wants to irrigate her fields for the Rabi season.

Agripreneur

Maharashtra

364 potential days of livelihood

45,000 loan is fully repaid

45,000 loan is fully repaid


About Rukumabi

Rukumabi Khadarbasha Sayyad is from Solapur, Maharashtra which is severely hit by drought and is low on water levels. Despite these challenges, Rukumabi is a resilient farmer. She is looking for a credit to purchase seeds and fertilizers. She also wishes to set up an irrigation system on her farm. With the help of her husband and daughter-in-law, she is able to expand her farming activities in a sustainable manner. In the future, Rukumabi wishes to purchase a tractor for her farm to expand her farming activities. Invest in Rukumabi's resilience.

About Rukumabi Khadarbasha's livelihood

Rukumabi is an agripreneur who works 8 hours a day for 7 days a week. With this loan Rukumabi will potentially obtain employment for 364 days.

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

45,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very Good

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

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

Customized loan products with affordable interest rates and long repayment tenures help the women entrepreneurs in our community to reinvest their income and expand their business turnover.

- Amar Shrimal, Chief Operations Officer, SSK
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS