false
false 0 0 SBGwvY3SMX

Shobha

HR Mahesha

Agripreneur

Mysuru, Karnataka

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4 Borrower Image 5

Shobha

HR Mahesha

#pioneer# committed
You can pitch in for Shobha's fundamental livestock purchase

Agripreneur

Karnataka

318 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shobha

Shobha HR Mahesha is feeling the need to further the prospects of her animal husbandry business. She’s planning ways in which she can more effectively support her husband Mahesh, who works as a carpenter, and their only son. Her first step is to buy a cow which will add the much-needed value to her business. With the hurdle of funding now eased, Shobha is excited to amplify the returns from her business. Higher returns mean more savings available for the all important goal of purchasing a plot of land in the future.

About Shobha HR Mahesha's livelihood

Shobha is an agripreneur who works 7 hours a day for 7 days a week. With this loan Shobha will potentially obtain employment for 318 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Shobha HR Mahesha has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Vild Foundation

   
Karnataka
Partner since 2019
Partner logo

About

VILD Foundation, along with its sister organisation Swami Vivekananda Youth Movement, has been working in various sectors of community development for the past 6 years. Formation and promotion of SHGs, microfinance and income generation activities have been part of their interventions for improving the socio-economic status of the communities. Presently they are operational in Mysore district, facilitating around 311 SHGs covering 90 villages & 6 towns. VILD has been working as a business correspondent for Nabfins since March -2015 & has been working with RangDe as a Impact partner since 2013.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rupees Icon

Rs 14,35,000

Disbursed
User circle icon

85

Investees
Repayment icon

95.0%

Repayments
Left quotes

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS