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Saminathan Poobalan

#courageous#go-getter
Saminathan needs to store his produce and prepare for the sowing season.

Agripreneur

Dharmapuri, Tamil Nadu

16,000 has been disbursed

227 potential days of livelihood i

16,000 is the current outstanding balance


Saminathan has been growing turmeric for over twenty years now. His produce is ready and harvested. However, he needs credit to store his harvest and to buy inputs for the next season. This loan will help him to process the produce and avoid distress selling. It would enable him to buy essential inputs for the next cropping season. Support Saminathan financially.

I wish to explore better farming methods and enjoy a good future with my family.

About Saminathan Poobalan's livelihood

Saminathan is an agripreneur who works 5 hours a day for 7 days a week. With this loan Saminathan 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

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

16,000

Loan
tenure

6 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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Sittilingi Valley Organic Farmers Producer Company Ltd

Established in

2015

With Rang De from

2019

Founded by

Dr Regi George

Tribal Health Initiative began with the efforts of a doctor couple in Sittilingi Valley in 1993, catering to the health needs of the local Malaivasi tribal population. In 2004, after successful community health work in the region, the team realized that to holistically address the health issues of the population, other socio-economic concerns would have to be taken into consideration and improved upon. This was the motivation for starting the Tribal Farming Initiative which encouraged farmers to switch from cash crops and mono cropping to their traditional organic roots, as a means to improve their financial status by escaping debts and forced migration. The Sittilingi Valley Organic Farmers Association was formed with around 500 certified organic farmers promoting the further use of traditional seeds, organic fertilizers, pesticides and manure.

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