false
false 0 0 qRk3ulgDsY

Gulab

Singh Sarote

Agripreneur

Mandla , Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gulab

Singh Sarote

#aspiring
Gulab wishes to hold his harvest as he prepares for the upcoming sowing season.

Agripreneur

Madhya Pradesh

312 potential days of livelihood

28,100 loan is fully repaid

28,100 loan is fully repaid


About Gulab

Gulab is a farmer from Mandla, Madhya Pradesh. His hard work over in the past few months has reaped him a bountiful harvest. To avoid distress selling of his crops, he has decided to hold their crops with an FPO until a fair price for the produce is obtained. The current scenario of the Covid crisis has put his family of three into a tight situation. While he has to make amends for family essentials, the cash flows have been affected tremendously. The loan amount will allow him to meet the immediate cash needs to buy input products for the upcoming Kharif season. Invest in Gulab's dreams.

About Gulab Singh Sarote 's livelihood

Gulab is an agripreneur who works 8 hours a day for 6 days a week. With this loan Gulab will potentially obtain employment for 312 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Gulab Singh Sarote has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

28,100

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments

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

Action for Social Advancement

   view website
Madhya Pradesh
Partner since 2020
Partner logo

About

Action for Social Advancement (ASA) is a grassroots NGO established in 1996 with its head office in Bhopal, Madhya Pradesh. At the heart of the organisation is the aim of developing livelihood security, which is facilitated by an intensive participatory process of natural resources development and local institutional development. ASA has played a key role in land and water resource development, promotion of sustainable farm practices and market linkages for smallholders across 2,200 villages in four states, Madhya Pradesh, Chhattisgarh, Jharkhand, and Bihar.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rupees Icon

Rs 65,72,900

Disbursed
User circle icon

175

Investees
Repayment icon

100.0%

Repayments
Left quotes

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS