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Sonu

Devda

logoAgripreneur

logo Jhabua, Madhya Pradesh

logo 455 livelihood days i

b-img b-img b-img

Sonu

Devda

#ambitious# hardworking
Sonu wishes to purchase input material for the upcoming season while holding his post-rabi harvest.

logoAgripreneur

logo Jhabua, Madhya Pradesh

logo 455 potential days of livelihood i

62,700 loan is fully repaid

62,700 loan is fully repaid


Sonu is a farmer from Jhabua, Madhya Pradesh. His hard work over in the past few months has reaped him a bountiful harvest. To avoid distress selling of his crops, he has decided to hold their crops with an FPO until a fair price for the produce is obtained. The current scenario of the COVID crisis has put his family of six into a tight situation. While he has to make amends for family essentials, the cash flows have been affected tremendously. The loan amount will allow him to meet the immediate cash needs to buy input products for the upcoming Kharif season. Invest in Sonu's dreams.

I wish to buy a bike for myself.

About Sonu Devda's livelihood

Sonu is an agripreneur who works 10 hours a day for 7 days a week. With this loan Sonu will potentially obtain employment for 455 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.00% flat p.a.

0.00% APR

Social
Investor i

0.00%

0.00% APR

Impact
Partner i

up to 0.00%

0.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

62,700

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

Action for Social Advancement

   view website
Madhya Pradesh
Partner since 2020

About

Action for Social Advancement (ASA) is a grassroots NGO established in 1996 with its head office in Bhopal, Madhya Pradesh. At the heart of the organisation is the aim of developing livelihood security, which is facilitated by an intensive participatory process of natural resources development and local institutional development. ASA has played a key role in land and water resource development, promotion of sustainable farm practices and market linkages for smallholders across 2,200 villages in four states, Madhya Pradesh, Chhattisgarh, Jharkhand, and Bihar.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rs 65,72,900

Disbursed

175

Investees

100.0%

Repayments

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA
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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0