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Urmila Vaghela

#provider#hustler
Urmila wishes to hold her harvest as they prepare for the upcoming sowing season.

Agripreneur

Ratlam, Madhya Pradesh

39,300 Loan is fully repaid

234 potential days of livelihood i


Urmila is a farmer from Ratlam, Madhya Pradesh. Her hard work over in the past few months has reaped her a bountiful harvest. To avoid distress selling of her crops, she has decided to hold their crops with an FPO until a fair price for the produce is obtained. The current scenario of the Covid crisis has put her family of five into a tight situation. While she has to make amends for family essentials, the cash flows have been affected tremendously. The loan amount will allow her to meet the immediate cash needs to buy input products for the upcoming Kharif season. Invest in Urmila's dreams.

I wish to expand my agricultural activities.

About Urmila Vaghela's livelihood

Urmila is an agripreneur who works 6 hours a day for 6 days a week. With this loan Urmila will potentially obtain employment for 234 days.

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

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

Loan
amount

39,300

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

i :

B

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

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

B

Financial
Profile i

A

Action for Social Advancement

Madhya Pradesh
Partner since 2020

About

ASA works on leveraging the participatory action of the community to bring about positive developmental changes. While they extensively support agriculture and allied activities like small agri businesses, they also work in the field of watershed management and irrigation development.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rs 65,72,900

Disbursed

175

Investees

100%

Repayments

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA

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