Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.
Agripreneur
Srikakulam, Andhra Pradesh
₹ 25,000 has been disbursed
130 potential days of livelihood i
₹ 25,000 is the current outstanding balance
Savara has been practising horticulture for twenty four years now. She is from Srikakulam, Andhra Pradesh and lives with a family of four. Due to the unfavourable conditions, her tamarind produce is not selling at a reasonable price. This loan will help her purchase and cultivate millets and access processing and cold storage facilities. Support Savara financially.
I wish to give a good future for my children.
Savara is an agripreneur who works 4 hours a day for 5 days a week. With this loan Savara will potentially obtain employment for 130 days.
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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 25,000
Loan
tenure
9 months
Moratorium
None
Repayment
mode
Flexible repayments i
Investee
occupation
Farming
WASSAN's vision is to establish participatory processes that strengthen Natural Resources Management practices to secure livelihoods of deprived communities, particularly scheduled castes and tribes, in drought prone areas.
To protect tribal farmers from falling prices of tamarind, Rang De and WASSAN have partnered to enable tribal farmers to meet the expenses of processing and storing their tamarind produce, while they wait for market conditions to improve.
Rs 24,40,000
Disbursed
71
Investees
100%
Repayments
Accessing credit from banks during the lockdown period has been very difficult in the tribal area. In these trying times, our partnership with Rang De has provided relief.
₹ added to cart
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