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Suvarna Siddheshwar

Mashal

Agripreneur

Solapur, Maharashtra

273 livelihood days

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Suvarna Siddheshwar

Mashal

#gogetter#ambitious
Invest in Suvarna to enable her to purchase seeds and fertilizers for the sowing season.

Agripreneur

Maharashtra

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Suvarna Siddheshwar

Suvarna needs to begin sowing for the Rabi season. She is from Solapur, Maharashtra, and lives with a family of four. The recent disruption due to the COVID-19 crisis has made it difficult for Suvarna to procure essential supplies. She is falling short of options and time is ticking. With the help of this loan, she will be able to buy all the essentials required and begin the season on time. She needs to purchase the materials for drip irrigation and fix it on her farm. This will help her to have a successful harvest and fulfilling the needs of her family. In the future, Suvarna hopes to purchase two acres of land to begin the cultivation of tomatoes. Invest in Suvarna's ambitions.

About Suvarna Siddheshwar Mashal's livelihood

Suvarna Siddheshwar is an agripreneur who works 6 hours a day for 7 days a week. With this loan Suvarna Siddheshwar will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Suvarna Siddheshwar Mashal has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

Customized loan products with affordable interest rates and long repayment tenures help the women entrepreneurs in our community to reinvest their income and expand their business turnover.

- Amar Shrimal, Chief Operations Officer, SSK
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS