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Vesti

Bhaydiya

Agripreneur

Alirajpur , Madhya Pradesh

364 livelihood days

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Vesti

Bhaydiya

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Vesti needs to buy quality seeds and fertilizers.

Agripreneur

Madhya Pradesh

364 potential days of livelihood

₹ 77,100 loan is fully repaid

₹ 77,100 loan is fully repaid

About Vesti

Vesti is a farmer from Alirajpur, Madhya Pradesh. Her hard work over 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 seven 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 meet buy input products for the upcoming Kharif season.

About Vesti Bhaydiya's livelihood

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

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Impact
Partner

up to 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

₹ 77,100

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Very Good

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Co-curated and referred by our Impact Partner

Action for Social Advancement

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Madhya Pradesh
Partner since 2020
Partner logo

About

Action for Social Advancement (ASA) is a grassroots NGO established in 1996 with its head office in Bhopal, Madhya Pradesh. At the heart of the organisation is the aim of developing livelihood security, which is facilitated by an intensive participatory process of natural resources development and local institutional development. ASA has played a key role in land and water resource development, promotion of sustainable farm practices and market linkages for smallholders across 2,200 villages in four states, Madhya Pradesh, Chhattisgarh, Jharkhand, and Bihar.

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.

Rupees Icon

Rs 65,72,900

Disbursed
User circle icon

175

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

₹ 3000

Proceed to Pay

3

Total: ₹3000

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