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Laxmi

Khemutu

Agripreneur

Koraput, Odisha

195 livelihood days

Borrower Image 1 Borrower Image 2

Laxmi

Khemutu

#achiever#growth
Laxmi needs essential labour, seeds, and equipment to begin the sowing season.

Agripreneur

Odisha

195 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Laxmi

Laxmi Khemdu needs to begin sowing for the Kharif season. She is from Koraput, Orissa and lives with a family of four. The recent disruption due to the COVID-19 crisis has made it difficult for Laxmi to procure essential supplies. She is falling short of options and time is ticking. With the help of this loan, she will be able to buy all the essentials required and begin the season on time. This will help her to have a successful harvest and fulfil the needs of her family.

About Laxmi Khemutu's livelihood

Laxmi is an agripreneur who works 5 hours a day for 6 days a week. With this loan Laxmi 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. Laxmi Khemutu 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

20,000

Loan
tenure

9 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
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

Harsha Trust

   
Orissa
Partner since 2020
Partner logo

About

Established in 2002, Harsha Trust works collaboratively with NGOs, government, and corporations to help small and marginal farmers increase their income and overcome poverty. They have been working mainly with the tribes of South and West Odisha. Harsha Trust primarily implements grassroots development projects for sustainable natural resource/enterprise-based livelihood generation and better health of communities. Over the last 17 years, it has worked intensively with more than 1,20,000 households to provide them with a higher income and a better quality of life.

Impact Narrative

With institutional credit drying up, Rang De has joined forces with Harsha Trust to provide small and marginal farmers interest free loans to purchase seeds and fertilisers for the Kharif season.

Rupees Icon

Rs 3,79,26,000

Disbursed
User circle icon

2188

Investees
Repayment icon

99.0%

Repayments
Left quotes

The credit need among our community members is immediate. The timely credit from Rang De will help the farmers to grow the Kharif crop to their full capacity ensuring income and nutrition in their household during this time of uncertainty.

- Kallul Bora, Executive Director, Harsha Trust
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS