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Uma

Ragas

Agripreneur

Gajapati, Odisha

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Uma

Ragas

#hustler#dedicated
Uma Ragas is keen to get quality inputs for his farm.

Agripreneur

Odisha

364 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Uma

Uma Ragas lives with his family in Gajapati, Odisha. He is an active farmer who owns an agricultural unit for the past ten years. He also grows some food crops apart from growing rice. His family also supports him in farming. Despite the family's efforts, they struggle due to the low yield that they get from their farm. He has been thinking of ways to increase the income he makes from his farm; he is looking to get a loan so that he can purchase more seeds and other inputs and increase the production of his land. With the increase in income, he plans to provide a better life for his family. Invest in Uma Ragas today!

About Uma Ragas's livelihood

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

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

10,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI

Investee
occupation

Farming

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

Gram Vikas
   view website
Partner logo

Established in

1979

With Rang De from

2020

Founded by

Mr. Joe Madiath

Gram Vikas, which literally translates to “Village Development”, has been working for the well-being of tribal and marginalized communities in inaccessible rural areas since 1979. Gram Vikas strives to promote sustainable, socially inclusive and gender equitable practices amongst these communities, thus enabling them to take control over their lives and reach a heightened sense of empowerment. The Vision of Gram Vikas is 'An equitable and sustainable society where people live in peace with dignity'. Gram Vikas' Mission is 'to promote processes which are sustainable, socially inclusive and gender equitable to enable critical masses of poor and marginalized rural people or communities to achieve a dignified quality of life'. Which would be characterized by: Assured access to basic education and adequate health services, Sustainable use and management of natural resources, Options for appropriate family and community infrastructure and sources of energy, Strong self-governing people’s institutions with equal participation of men and women.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS