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Vidya

Sathe

Agripreneur

Solapur, Maharashtra

273 livelihood days

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Vidya

Sathe

#selfless#humble
Fund selfless Vidya as she installs a drip irrigation system on her farm

Agripreneur

Maharashtra

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Vidya

For twenty years, Vidya Sathe has been toiling hard on her farm. Her income has supported her small family of four enabling her to fund the education of her sons Dinesh and Vinod. Dinesh now runs a hotel business and Vinod works as a driver of a private van. Vidya’s husband, Shivaji also works as a farmer. Now that Vidya’s sons have come of age, she has found the need to build a better house for her future daughters-in-law. She is thus seeking a loan to install a drip irrigation system on her farm to increase the output and her produce. This will earn her good financial returns which she intends to save up for the big house construction. In addition, she hopes to also buy another plot of farming land to supplement her current production capacity. Support Vidya on her selfless journey.

About Vidya Sathe's livelihood

Vidya is an agripreneur who works 6 hours a day for 7 days a week. With this loan Vidya will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Vidya Sathe has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very Good

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

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

Customized loan products with affordable interest rates and long repayment tenures help the women entrepreneurs in our community to reinvest their income and expand their business turnover.

- Amar Shrimal, Chief Operations Officer, SSK
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS