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Shalan Gaikwad

#determined#gogetter
Invest in Shalan's drip irrigation system so she can leave behind a legacy

Agripreneur

solapur, Maharashtra

50,000 has been disbursed

273 potential days of livelihood i

24,999.98 is the current outstanding balance

90 0 10 25000 2778 0

90%

10%

0%


For over 30 years, Shalan Gaikwad has been greatly contributing to her family's income through her farming business. She has been working relentlessly every day of the week for at least six hours. Her husband, Maruti works at a local company and her son, Narahari also has a job at a local company. Shalan's dream is to hand over her business to her son so he can continue serving the community. But, before she does so, she wants to ensure that her business is in good shape and will enable her son to make ends meet for his family. She is seeking credit to fund the installation of a pipeline for a drip irrigation system for her farm. This will help boost efficiency on her farm and help her grow her produce. Her plans for the near future include the launch of a milk business, to supplement her current income. Fund Shalan to fuel her big dream.

My dream is to expand my business so I can hand it over to my son.

About Shalan Gaikwad's livelihood

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

50,000

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

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 1,15,70,500

Disbursed

389

Investees

91%

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 -501 days remaining

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