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Siyyari Prasanna Sagar

#ambitious#resilient
Prasanna Sagar needs to begin the sowing season.

Agripreneur

Visakhapatnam, Andhra Pradesh

25,000 Loan is fully repaid

364 potential days of livelihood i


Prasanna Sagar is from Visakhapatnam, Andhra Pradesh. His experience of eight years in farming has made him a skilled farmer. Living with a family of three, the main revenue earned is from cultivating their piece of land throughout the year. The upcoming Rabi season has brought Prasanna Sagar working on his toes. While his hard work alone can’t ensure a bountiful harvest. He needs a loan to make available essential Agri inputs to ensure quality produce. He aims to sow millets for this season. He also hopes to use the credit to process the millets and avail a cold storage unit at the end of the harvest. Invest in Prasanna Sagar as he aims for a profitable season.

I wish to build a house for my family.

About Siyyari Prasanna Sagar's livelihood

Siyyari is an agripreneur who works 8 hours a day for 7 days a week. With this loan Siyyari 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

Agro products

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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