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Bijabai Hippargikar

#gogetter#persevering
Bijabai needs your support to install a drip irrigation system on her farm

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

364 potential days of livelihood i

15,555.47 is the current outstanding balance

84.62 0 15.38 24445 4444 0

85%

15%

0%


Bijabai Hippargikar is an agripreneur from Solapur, Maharashtra. She's been working tirelessly for two decades to make ends meet for her family. Her husband, Mallinath Hippargikar is also a farmer. Now, Bijabai is seeking credit to finance the installation of a drip irrigation system on her farm. She hopes this will enable her to increase her efficiency on the farm thus growing her output. In addition, she hopes the improvement made to her farm will help her add to her small savings fund which she wants to use for the construction of a house. Furthermore, Bijabai wants to start a milk business in the wake of growing uncertainty around farming, due to the effects of climate change in the region. Invest in Bijabai as she secures a sound future for her small family.

My dream is to start a milk business.

About Bijabai Hippargikar's livelihood

Bijabai is an agripreneur who works 8 hours a day for 7 days a week. With this loan Bijabai will potentially obtain employment for 364 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

40,000

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

No credit history available

 

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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