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Bhagyashri Avate

#gogetter#ambitious
Bhagyashri needs to set up an irrigation system to begin the Rabi season.

Agripreneur

Solapur, Maharashtra

45,000 has been disbursed

273 potential days of livelihood i

30,000 is the current outstanding balance

75 0 25 15000 5000 0

75%

25%

0%


Bhagyashri has been working hard on her farm for over eight years. Living with a family of five in Solapur, Maharashtra, farming has been the main source of revenue to run the household. With the onset of a new season, Bhagyashri needs a fresh supply of seeds, fertilizers, and set up an irrigation system on her farm. The loan amount will help her add value to her produce and reap a quality harvest by the end of the season. The timely disbursal of the loan amount will ensure her a profitable season. Invest in her as she supports her family.

I wish to give my husband a motorcycle.

About Bhagyashri Avate's livelihood

Bhagyashri is an agripreneur who works 7 hours a day for 6 days a week. With this loan Bhagyashri 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

45,000

Loan
tenure

18 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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

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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