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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Neraj Devi

#dreamer#visionary
Neraj needs your support to make an important buffalo purchase

Agripreneur

Ajmer, Rajasthan

₹ 48,000 has been disbursed

364 potential days of livelihood i

₹ 21,333.3 is the current outstanding balance

100 0 0 26667 0 0

100%

0%

0%

About Neraj Devi

Neraj Devi is a young mother with great experience. She has nine years of experience in the farming sector and an additional six years of experience running her animal husbandry business. Neraj is now looking to make a key advancement to her business by using credit to purchase an additional buffalo. She hopes this addition will enable her to grow her business as she saves a fund to educate her daughter, Sandhya, who she hopes will become a doctor. In addition in the near future, Neraj intends on installing a tube well on her farm, to improve her irrigation system and maximize her productivity. Support Neraj as she beats the odds to fulfil her dream.

I dream of seeing my daughter become a doctor.

About Neraj Devi's livelihood

Neraj is an agripreneur who works 8 hours a day for 7 days a week. With this loan Neraj will potentially obtain employment for 364 days.

Interest Rate
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

Loan Details

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

Loan
amount

₹ 48,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B

Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Know more
Co-curated and referred by our Impact Partner

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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