false
false 0 0

Premlata Patidar

#passionate#ambitious
Premlata wishes to purchase input for the upcoming season while holding her post-rabi harvest.

Agripreneur

Ratlam, Madhya Pradesh

49,400 Loan is fully repaid

318 potential days of livelihood i


Premlata is a hard working farmer. Toiling hard for the past months , she had been hoping to sell his harvest at a reasonable price.However, with the supply lines disrupted, she has been struggling to sell off the produce. To avoid distress selling, she has decided to hold their produce at a FPO until the market stabilizes and a fair price is obtained. However, her immediate cash needs still remains unmet. Premlata lives with a family of four and is from Ratlam, Madhya Pradesh. The loan amount will help her receive the much-needed cash to help meet the expenses incurred in purchase of input products for the kharif season. Invest in Premlata's dreams.

I dream of buying a patch of land.

About Premlata Patidar's livelihood

Premlata is an agripreneur who works 7 hours a day for 7 days a week. With this loan Premlata will potentially obtain employment for 318 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

49,400

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Action for Social Advancement

Madhya Pradesh
Partner since 2020

About

ASA works on leveraging the participatory action of the community to bring about positive developmental changes. While they extensively support agriculture and allied activities like small agri businesses, they also work in the field of watershed management and irrigation development.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rs 65,72,900

Disbursed

175

Investees

100%

Repayments

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA

0 more to go -436 days remaining

added to cart