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Savara Surekha

#ambitious# zeal
Savara needs credit to invest in agricultural inputs.

Agripreneur

Srikakulam, Andhra Pradesh

25,000 Loan is fully repaid

156 potential days of livelihood i


Savara has been farming her land for over eight years now. She is from Srikakulam, Andhra Pradesh and feeds a family of three. Her experiences have taught her many lessons. She is strong and hopeful at the sight of peril. Currently, she is struggling to meet her credit needs. She has to make arrangements for seeds and fertilizers to begin the new Rabi season. The sowing of seeds at the right time is essential. This loan will help her invest in cold storage, millet processing and millet purcchase and meet the expenses of all her requirements. Invest in Savara's will to thrive.

I wish to give my children quality higher education.

About Savara Surekha's livelihood

Savara is an agripreneur who works 4 hours a day for 6 days a week. With this loan Savara will potentially obtain employment for 156 days.

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

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

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

A

Watershed Support Services and Activities Network

Andhra Pradesh and Telangana
Partner since 2020

About

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.

Impact Narrative

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

74%

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.

- Dr. M L Sanyasi Rao, Regional Program Manager, Wassan

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