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Kodar

Damar

Agripreneur

Ratlam , Madhya Pradesh

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kodar

Damar

#strongwill#determined
Kodar wishes to hold his harvest as they prepare for the upcoming sowing season.

Agripreneur

Madhya Pradesh

195 potential days of livelihood

37,000 loan is fully repaid

37,000 loan is fully repaid


About Kodar

Kodar is a hard-working farmer. Toiling hard for the past months, he had been hoping to sell his harvest at a reasonable price. However, with the supply lines disrupted, he has been struggling to sell off the produce. To avoid distress selling, he has decided to hold their produce at an FPO until the market stabilizes and a fair price is obtained. However, his immediate cash needs still remain unmet. Kodar lives with a family of seven and is from Madhya Pradesh. The loan amount will help him receive the much-needed cash to help meet the expenses incurred in the purchase of input products for the Kharif season.

About Kodar Damar 's livelihood

Kodar is an agripreneur who works 6 hours a day for 5 days a week. With this loan Kodar will potentially obtain employment for 195 days.

Interest Rate

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

37,000

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