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Saroja Poul

#determined#progressive
Help Saroja strengthen her farming business by installing a drip irrigation system

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

24,444.39 is the current outstanding balance

70 0 30 15556 6667 0

70%

30%

0%


Working seven days a week on her farm is mumpreneur, Saroja Poul. She is a mother to 16-year-old Sanjana and 15-year-old Krushna. Her husband Dadarav also works as a farmer in the village to contribute to the family's income. Due to the growing uncertainty in the farming businesses due to climate change, Saroja has decided to strengthen her business. She wants to maximize her output on the farm and grow her produce. She's seeking credit to finance the purchase of a drip irrigation system and a pipeline for her farm. She hopes that this will enable her save the time that she usually spends on her farm manually watering her crops. It will also ensure her crops are well watered so she can enjoy a good harvest. The revenue from her improved business will be saved by Saroja to construct a dream house for her children. Furthermore, she intends on supplementing her current income by opening up a milk collection centre in Solapur in the future. Support Saroja as she wins for her family.

My dream is to construct an RCC house for my children.

About Saroja Poul's livelihood

Saroja is an agripreneur who works 6 hours a day for 7 days a week. With this loan Saroja 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

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI 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

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 1,16,15,500

Disbursed

390

Investees

95%

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

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