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Nirmala Patil

#determined#skillful
Single mother Nirmala is investing in cattle as she readies to set up a farm

Agripreneur

Solapur, Maharashtra

35,000 Loan is fully repaid

227 potential days of livelihood i


Enterprising Nirmala Patil has a unique dream. She wants to one day run a farm powered by the latest technology to ensure optimum productivity. She has also been working in the animal husbandry sector for four years now and is ready to take a leap of progress by investing in additional cattle. She is looking to buy a buffalo and some fodder using the credit she is seeking. After setting aside some funds for her daughter’s education in medical school, Nirmala hopes to put to action her plans for her dream farm. Fund Nirmala to see her tell her story of success.

My dream is to farm using the lastest technology.

About Nirmala Patil 's livelihood

Nirmala is an agripreneur who works 5 hours a day for 7 days a week. With this loan Nirmala will potentially obtain employment for 227 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

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

A

Financial
Profile i

B

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

90%

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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