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Saroja

Poul

Agripreneur

Solapur, Maharashtra

273 livelihood days

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Saroja

Poul

#determined#progressive
Help Saroja strengthen her farming business by installing a drip irrigation system

Agripreneur

Maharashtra

273 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Saroja

Working seven days a week on her farm is mumpreneur, Saroja Poul. She is a mother to 16-year-old Sanjana and 15-year-old Krushna. Her husband Dadarav also works as a farmer in the village to contribute to the family's income. Due to the growing uncertainty in the farming businesses due to climate change, Saroja has decided to strengthen her business. She wants to maximize her output on the farm and grow her produce. She's seeking credit to finance the purchase of a drip irrigation system and a pipeline for her farm. She hopes that this will enable her save the time that she usually spends on her farm manually watering her crops. It will also ensure her crops are well watered so she can enjoy a good harvest. The revenue from her improved business will be saved by Saroja to construct a dream house for her children. Furthermore, she intends on supplementing her current income by opening up a milk collection centre in Solapur in the future. Support Saroja as she wins for her family.

About Saroja Poul's livelihood

Saroja is an agripreneur who works 6 hours a day for 7 days a week. With this loan Saroja will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Saroja Poul has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very 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

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS