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Sangita Gade

#hardworking#resilient
Fund Sangita's buffalo purchase so she can grow her business venture

Agripreneur

Solapur, Maharashtra

30,000 has been disbursed

273 potential days of livelihood i

21,730 is the current outstanding balance

55.13 11.53 33.33 8270 5000 1730

55%

33%

12%


Mumpreneur Sangita Gade from Solapur in Maharashtra is on her way to making financial progress. She is seeking a loan to expand her ten-year-old animal husbandry business by adding a buffalo to her herd. She intends to sell the buffalo milk to the local milk federation and generate a consistent income. She hopes to expand her business to be able to sell at least 50 litres of milk per day. Her dream is to also start a goat rearing business which will enable her to sell goat milk as well. The income from Sangita's business venture will greatly support her daughter, Bhagyashri and her husband, Uttareshwar who works as a farmer. Join Sangita so she can fly her kite of success.

My dream is to start a goat rearing business.

About Sangita Gade's livelihood

Sangita is an agripreneur who works 6 hours a day for 7 days a week. With this loan Sangita will potentially obtain employment for 273 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

30,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

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

Rs 1,16,60,500

Disbursed

394

Investees

100%

Repayments

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

0 more to go -464 days remaining

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