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Komal Ingale

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

Agripreneur

Solapur, Maharashtra

50,000 has been disbursed

273 potential days of livelihood i

13,888.86 is the current outstanding balance

100 0 0 36111 0 0

100%

0%

0%


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.

I dream of becoming a successful farmer.

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.

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

50,000

Loan
tenure

18 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

B

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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