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Thamara

Kondamma

Agripreneur

Visakhapatnam, Andhra Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Thamara

Kondamma

#strength#breadwinner
Thamara needs to begin the sowing season, needs essential labour, seeds, and equipment.

Agripreneur

Andhra Pradesh

364 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Thamara

Thamara needs to begin sowing for the Rabi season. She is from Visakhapatnam, Andhra Pradesh, and lives with a family of two. The recent disruption due to the COVID-19 crisis has made it difficult for Thamara 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 aims to purchase Millet with the loan amount. She also wishes to pay for processing the millets and avail a cold storage unit post harvest. This will help her to have a successful harvest and fulfilling the needs of her family.

About Thamara Kondamma's livelihood

Thamara is an agripreneur who works 8 hours a day for 7 days a week. With this loan Thamara 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. Thamara Kondamma has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Investee
occupation

Agro products

Investee Credit Rating:
Excellent

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

Watershed Support Services and Activities Network

   
Delhi
Partner since 2020
Partner logo

About

WASSAN’s vision is to establish participatory processes through a network approach that strengthens Natural Resources Management (NRM) practices to secure livelihoods of deprived communities in drought-prone areas. They engage and empower economically disadvantaged communities, particularly scheduled castes and tribes, in projects covering water management, crop management, afforestation, pasture/fodder development, rural energy management, soil, and land management, and the scope of their activities include capacity building, institutional development, networking, and advocacy. They have worked intensely with communities from Andhra Pradesh, Telangana, and Odisha.

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.

Rupees Icon

Rs 24,40,000

Disbursed
User circle icon

71

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS