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Komal

Ingale

Agripreneur

Solapur, Maharashtra

273 livelihood days

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Komal

Ingale

#zealous#enterprising
Support Komal as she cultivates pomegranate fruits on her farm

Agripreneur

Maharashtra

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Komal

A refreshing fruit enjoyed across India is the pomegranate and businesswoman Komal Ingale has decided to take the responsibility of cultivating the beloved fruit on her farm. As a woman dreaming of becoming a great farmer, Komal is seeking credit to kickstart the cultivation. She hopes to start sowing the pomegranates and also wishes to set up a drip irrigation system to water her crops. This will enable her to maximize her output as she cuts down on the time needed to manually carry out tasks. She hopes her new business venture will help her grow her income so she can start lemon cultivation as well. Support relentless Komal as she fills up our fruit baskets.

About Komal Ingale's livelihood

Komal is an agripreneur who works 6 hours a day for 7 days a week. With this loan Komal will potentially obtain employment for 273 days.

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

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

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS