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#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.

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Ulli Baburao

#passionate#hustler
Baburao needs to begin the sowing season.

Agripreneur

Vizag, Andhra Pradesh

12,500 has been disbursed

364 potential days of livelihood i

12,500 is the current outstanding balance


About Ulli Baburao

Baburao is a trained farmer. His skills have developed over a span of eighteen years. He is from Visakhapatnam, Andhra Pradesh, and lives with a family of two. With the help of the loan amount, he wishes to buy seeds for the new season and necessary Agri inputs like fertilizers, pesticides, and irrigation facilities. He aims to cultivate Millet for the upcoming season. The loan amount will help him to also meet the post harvest cost of processing the millets and availing cold storage units. The timely disbursement of the loan amount will help him meet the needs during various preprocessing stages such as land preparation, sowing, irrigation, and meet the post-harvesting expenditures. Invest in Baburao as he hopes to reap a timely harvest.

I wish to get myself a motorcycle.

About Ulli Baburao's livelihood

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

12,500

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Agro products

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Co-curated and referred by our Impact Partner

Watershed Support Services and Activities Network

Andhra Pradesh and Telangana
Partner since 2020

About

WASSAN's vision is to establish participatory processes that strengthen Natural Resources Management practices to secure livelihoods of deprived communities, particularly scheduled castes and tribes, in drought prone areas.

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.

Rs 24,40,000

Disbursed

71

Investees

100%

Repayments

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

0 more to go -104 days remaining

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