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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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Urmila Singh

#ambitious#resilient
Urmila needs quality seeds and fertilizers to begin the Kharif season.

Agripreneur

Shahdol, Madhya Pradesh

54,000 fully repaid

318 potential days of livelihood i


About Urmila Singh

Urmila is from Shahdol, Madhya Pradesh. Her experience of fifteen years in farming has made her a skilled farmer. Living with a family of five, the main revenue earned is from cultivating their piece of land throughout the year. The upcoming Kharif season has brought Urmila working on her toes. While her hard work alone can’t ensure a bountiful harvest, she needs a loan to make essential Agri inputs available to ensure quality produce. She also needs to make arrangements to store produce from the previous harvest. Invest in Urmila as she aims for a profitable season.

I wish to expand my agriculture activity.

About Urmila Singh's livelihood

Urmila is an agripreneur who works 7 hours a day for 7 days a week. With this loan Urmila will potentially obtain employment for 318 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

54,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

B

Co-curated and referred by our Impact Partner

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

176

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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