1
#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

false 0 0

Sumitra Dhongde

#passionate#hustler
Sumitra needs agri inputs for her farm.

Agripreneur

Beed, Maharashtra

20,000 has been disbursed

364 potential days of livelihood i

13,326 is the current outstanding balance

100 0 0 6674 0 0

100%

0%

0%


About Sumitra Dhongde

Sumitra is an experienced farmer. She has toiled on her farm for fifteen years. Sumitra lives with a family of four and agriculture brings in the income to sustain the family. There are times when the going gets tough but Sumitra never backs down. Due to a disruption in the supply chain, Sumitra finds it difficult to get essential supplies for beginning the new Rabi season. With this loan, she will be able to buy quality seeds and fertilizers and it also will support her family through this crisis. This would also help Sumitra to have a sustainable income and meet the family's timely needs. Invest in Sumitra and help her tide through these trying times.

I wish to give a good education to my children.

About Sumitra Dhongde's livelihood

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

Interest Rate
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

Loan Details

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

A

Financial
Profile i

B

Co-curated and referred by our Impact Partner
Navchetana Sarvagin Vikas Kendra

Established in

2008

With Rang De from

2020

Founded by

Manisha Ghule

Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.

0 more to go -118 days remaining

added to cart