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Kamal Nannavare

#trailblazer#persevering
Provide capital for Kamal Nannavare's eco-friendly drip irrigation system

Agripreneur

Solapur, Maharashtra

35,000 has been disbursed

234 potential days of livelihood i

2,916.63 is the current outstanding balance

91.67 8.33 0 32083 0 2917

92%

0%

8%


Optimistic Kamal Nannavare is accelerating change on her farm. She has a decade of experience in the farming sector and wants to upgrade her irrigation system so she can save water and become eco-friendly. Kamal is seeking credit to buy the equipment needed to set up a drip irrigation system and increase efficiency on her farm. Her long term goal is to cultivate lemons on a large scale and supply this produce in the markets of her district. She hopes to slowly and with discipline set aside funds to purchase an additional plot of land, to cater to her lemon cultivation plans. Support Kamal’s long term vision by investing in her eco-friendly venture today.

My dream is to cultivate lemons on a large scale for sales in bigger markets.

About Kamal Nannavare's livelihood

Kamal is an agripreneur who works 6 hours a day for 6 days a week. With this loan Kamal will potentially obtain employment for 234 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

35,000

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

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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