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Bijabai

Hippargikar

Agripreneur

Solapur, Maharashtra

364 livelihood days

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Bijabai

Hippargikar

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

Agripreneur

Maharashtra

364 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Bijabai

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.

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.

Interest Rate

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

40,000

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