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Shalan

Gaikwad

logoAgripreneur

logo solapur, Maharashtra

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Shalan

Gaikwad

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

logoAgripreneur

logo solapur, Maharashtra

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

50,000 loan is fully repaid

50,000 loan is fully repaid


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 The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% 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 Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Sakhi Samudaya Kosh

   view website
Maharashtra
Partner since 2019

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.

Rs 1,15,25,500

Disbursed

388

Investees

94.0%

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0