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Bipra Chran Pradhan

#breadwinner#positive
Bipra Charan needs credit to expand his business.

Agripreneur

Ganjam, Odisha

15,000 has been disbursed

273 potential days of livelihood i

12,150 is the current outstanding balance

47.5 2.5 50 2850 3000 150

48%

50%

2%


Bipra Charan is a farmer for over eight years. Now he wishes to set up a food store in Ganjam, Orissa to increase his income. He wishes to use the loan to set up a food stall and stock up his store. The revenue from this business will serve as an income for this family of four. Bipra wishes to start his business and is seeking credit for the same. Invest in Bipra as he wins for his family.

I wish to give a good future for my children.

About Bipra Chran Pradhan's livelihood

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

6.0% flat p.a.

10.8% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 3.0%

5.4% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

15,000

Loan
tenure

10 months

Moratorium

2 months

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

A

Financial
Profile i

B

Gram Vikas

Established in

1979

With Rang De from

2020

Founded by

Mr. Joe Madiath

Gram Vikas, which literally translates to “Village Development”, has been working for the well-being of tribal and marginalized communities in inaccessible rural areas since 1979. Gram Vikas strives to promote sustainable, socially inclusive and gender equitable practices amongst these communities, thus enabling them to take control over their lives and reach a heightened sense of empowerment. The Vision of Gram Vikas is 'An equitable and sustainable society where people live in peace with dignity'. Gram Vikas' Mission is 'to promote processes which are sustainable, socially inclusive and gender equitable to enable critical masses of poor and marginalized rural people or communities to achieve a dignified quality of life'. Which would be characterized by: Assured access to basic education and adequate health services, Sustainable use and management of natural resources, Options for appropriate family and community infrastructure and sources of energy, Strong self-governing people’s institutions with equal participation of men and women.

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