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Sharda Koli

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

Agripreneur

solapur, Maharashtra

50,000 has been disbursed

273 potential days of livelihood i

13,888.86 is the current outstanding balance

92.86 0 7.14 36111 2778 0

93%

7%

0%


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

10.0% 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

B

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 1,15,25,500

Disbursed

388

Investees

90%

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 -627 days remaining

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