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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Jarinabi Shekh

#resilient#determined
Support Jarnabi cultivate a fresh batch of sugarcane.

Agripreneur

Solapur, Maharashtra

30,000 has been disbursed

273 potential days of livelihood i

22,500 is the current outstanding balance

60 0 40 7500 5000 0

60%

40%

0%


About Jarinabi Shekh

Jarnabi's farm is ploughed and ready for cultivation. Being sugarcane farmers from Solapur, she and her family are occupied irrigating, fertilizing and harvesting their piece of land. They have been farming for twenty long years and have faced all the adversities of drought conditions, scanty rainfalls, and depleted water resources. But their will to thrive stands strong as they seek this loan to prepare for a fresh batch of sugarcane harvest. In the future, Jarnabi wishes to produce an all organic harvest and aspires to raise her cultivation scale and standards. Invest in her expertise and skill, and help her fulfill her dreams.

My dream is to cultivate organic food on my farm.

About Jarinabi Shekh's livelihood

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

A

Financial
Profile i

A

Co-curated and referred by our Impact Partner

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 1,15,52,500

Disbursed

389

Investees

100%

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 -324 days remaining

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