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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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Shitala Ray

#passionate# dedicated
Shitala needs quality seeds and fertilizers to begin the Kharif season.

Agripreneur

Howrah, West Bengal

30,000 has been disbursed

546 potential days of livelihood i

16,666 is the current outstanding balance

100 0 0 13334 0 0

100%

0%

0%


About Shitala Ray

Shitala has been working hard on her farm for over twenty years. Living with a family of two in Howrah, farming has been the main source of revenue to run the household. With the onset of a new season, Shitala needs a fresh supply of seeds, fertilizers, and pesticides. The loan amount will help her add value to her product and reap a quality harvest by the end of the season. The timely disbursal of the loan amount will ensure her a profitable season. Invest in her as she supports her family.

I wish to become successful in farming and support my family.

About Shitala Ray's livelihood

Shitala is an agripreneur who works 12 hours a day for 7 days a week. With this loan Shitala will potentially obtain employment for 546 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

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

9 months

Moratorium

3 months

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

No credit history available

 

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
Ambuja Cement Foundation

Established in

1993

With Rang De from

2020

Founded by

Mr. Narotam Sekhsaria

Established in 1993, Ambuja Cement Foundation is a grassroots pan-India implementing organisation that harnesses the power of partnerships –between communities, Government and other like-minded corporates and NGOs – to help solve pressing community problems and to foster prosperity. For the past 25 years, ACF has created significant impact. A full-fledged Research and Monitoring Unit, along with numerous external, independent studies show significant change – in income levels, health indicators and overall harmony and happiness. Their work has spread beyond our villages, and by working hand in hand with like-minded organisations, they aim to significantly impact the pressing issues currently inhibiting our country.

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