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Sinderi Mahesh

#passionate#hustler
Mahesh needs quality seeds and fertilizers to begin the Rabi season.

Agripreneur

Visakhapatnam, Andhra Pradesh

25,000 has been disbursed

364 potential days of livelihood i

25,000 is the current outstanding balance


Mahesh needs to begin sowing for the Rabi season. He is from Visakhapatnam, Andhra Pradesh, and lives with a family of four. The recent disruption due to the COVID-19 crisis has made it difficult for Mahesh to procure essential supplies. He is falling short of options and time is ticking. With the help of this loan, he will be able to buy all the essentials required begin the cultivation of millets during this season. This will help him to have a successful harvest and fulfill the needs of his family.

I wish to give a good education to my children.

About Sinderi Mahesh's livelihood

Sinderi is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sinderi will potentially obtain employment for 364 days.

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

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

Loan
amount

25,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Watershed Support Services and Activities Network

Andhra Pradesh and Telangana
Partner since 2020

About

WASSAN's vision is to establish participatory processes that strengthen Natural Resources Management practices to secure livelihoods of deprived communities, particularly scheduled castes and tribes, in drought prone areas.

Impact Narrative

To protect tribal farmers from falling prices of tamarind, Rang De and WASSAN have partnered to enable tribal farmers to meet the expenses of processing and storing their tamarind produce, while they wait for market conditions to improve.

Rs 24,40,000

Disbursed

71

Investees

74%

Repayments

Accessing credit from banks during the lockdown period has been very difficult in the tribal area. In these trying times, our partnership with Rang De has provided relief.

- Dr. M L Sanyasi Rao, Regional Program Manager, Wassan

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