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Shobha HR Mahesha

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

Agripreneur

Mysuru, Karnataka

30,000 has been disbursed

318 potential days of livelihood i

6,666.62 is the current outstanding balance

87.5 0 12.5 23333 3333 0

88%

12%

0%


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.

I dream 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.

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

30,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

VILD Foundation

Karnataka
Partner since 2019

About

VILD Foundation has been working to improve the socio-economic status of communities through formation and promotion of SHGs, microcredit and facilitating income generation activities. Presently they facilitate around 311 SHGs covering 90 villages & 6 towns in Mysore district.

Impact Narrative

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

Rs 14,35,000

Disbursed

85

Investees

96%

Repayments

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

- N Mahadevswamy, Senior Manager, VILD

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