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Anuradha Charate

#spirited#tireless
Fund Anuradha as starts a vegetable cultivation to save up for a house

Agripreneur

Solapur, Maharashtra

35,000 Loan is fully repaid

273 potential days of livelihood i


Solapur resident Anuradha Charate is a mumpreneur who is involved in the farming business. She has applied for a loan to start a new vegetable cultivation on her farm. At present, her income supports her family, including her three children and her husband, Nagnath who is also a farmer. Anuradha hopes her new venture will help her better the quality of life for her family while enabling her to set aside a fund for her dream house construction. She also wants to start a poultry business in the future to supplement her current livelihood. Support Anuradha today.

My dream is to build a good house for my family.

About Anuradha Charate's livelihood

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

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI 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

A

Financial
Profile i

B

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

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

Rs 1,15,70,500

Disbursed

389

Investees

89%

Repayments

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

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