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Suman Kanwar

#relentless#resolute
Finance the purchase of Suman's tractor and ploughing machine to help her scale up her business.

Agripreneur

Ajmer, Rajasthan

48,000 has been disbursed

364 potential days of livelihood i

18,000 is the current outstanding balance

100 0 0 30000 0 0

100%

0%

0%


Suman Kanwar is a resident of Ajmer, Rajasthan. A mother to six-year-old Samrat and wife to Chhotu, a farmer, Suman has several years of experience running a farm and an animal husbandry business. Suman is now ready to scale up her farming business and grow her monthly income. She is seeking credit to finance the purchase of a new tractor- ploughing machine and the tools needed to assemble the ploughing unit. Suman hopes the addition of the equipment to her farm will help her maximize her output and boost her daily produce. It will also enable Suman save the time that she spends in manually ploughing her plot of land. In the future, Suman wishes to buy a new plot of land to farm to supplement her current income. Her dream is to save funds and construct a new house for her family. Support Suman as she perseveres to better the quality of life for her family.

My dream is to build a new house for my family.

About Suman Kanwar's livelihood

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

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

48,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI 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

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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