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Sharda

Koli

logoAgripreneur

logo solapur, Maharashtra

logo 273 livelihood days i

b-img b-img b-img b-img

Sharda

Koli

#self-starter#spirited
Enable Sharda install a drip irrigation system to boost her farming produce

logoAgripreneur

logo solapur, Maharashtra

logo 273 potential days of livelihood i

50,000 loan is fully repaid

50,000 loan is fully repaid


Single mother Sharda Koli has been working hard on her farm. She is supported by her only son, twenty-year-old Kiran Rajkumar who is still studying. Now, Sharda wants to boost her produce on the farm and is seeking credit to install a drip irrigation system and a pipeline to transport the water from her well to the farm. She hopes, this advancement will help cut down on the time she spends under the scorching heat to water her crops. Her dream is to live a healthy lifestyle and to construct a house for her son and her. In the future, Sharda wants to launch a milk business to supplement the income from her farm. She is wary of the effects of the changing climate and wants to ensure she's able to support her son's education so he can enjoy a secure future. Fund hard-working Sharda as she stops at nothing to support her son.

My dream is to live a healthy life.

About Sharda Koli's livelihood

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

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

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 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

B

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

95.0%

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
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0