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Nilabai Gurav

#determined#spirited
Make an investment in Nilabai to enable her cultivate vegetables on her farm

Agripreneur

solapur, Maharashtra

25,000 has been disbursed

273 potential days of livelihood i

12,507.98 is the current outstanding balance

54.51 27.31 18.18 12492 4167 6258

55%

18%

27%


Working seven days a week for six hours each day is Nilabai Gurav. She's a resident of Solapur, Maharashtra and has been running a small farming business for the past eight years. Nilabai lives with her husband, Balu who also works as a farmer. Now, she is seeking credit to finance a new farming initiative. She is looking to cultivate expand the vegetable cultivation on her farm by growing a variety of vegetables. With the effects of climate change adversely affecting farming in the region, Nilabai hopes for a bountiful harvest. She wishes that the advancement to her business will help her pioneer progress for her business, her family and most importantly her community. Join hands with agripreneur Nilabai and help her pave her way to success.

My dream is to buy an additional plot of land to cultivate more vegetables

About Nilabai Gurav's livelihood

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

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

25,000

Loan
tenure

12 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

A

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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