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Shobha

HR Mahesha

logoAgripreneur

logo Mysuru, Karnataka

logo 318 livelihood days i

b-img b-img b-img b-img b-img

Shobha

HR Mahesha

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

logoAgripreneur

logo Mysuru, Karnataka

logo 318 potential days of livelihood i

30,000 loan is fully repaid

30,000 loan is fully repaid


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

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% 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, 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.

Rs 14,35,000

Disbursed

85

Investees

95.0%

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
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0