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Shalan

Gaikwad

Agripreneur

solapur, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Shalan

Gaikwad

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

Agripreneur

Maharashtra

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Shalan

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Shalan Gaikwad has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Investee
occupation

Farming

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

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

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS