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Savara

Surekha

Agripreneur

Srikakulam, Andhra Pradesh

156 livelihood days

Borrower Image 1 Borrower Image 2

Savara

Surekha

#ambitious# zeal
Savara needs credit to invest in agricultural inputs.

Agripreneur

Andhra Pradesh

156 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Savara

Savara has been farming her land for over eight years now. She is from Srikakulam, Andhra Pradesh and feeds a family of three. Her experiences have taught her many lessons. She is strong and hopeful at the sight of peril. Currently, she is struggling to meet her credit needs. She has to make arrangements for seeds and fertilizers to begin the new Rabi season. The sowing of seeds at the right time is essential. This loan will help her invest in cold storage, millet processing and millet purcchase and meet the expenses of all her requirements. Invest in Savara's will to thrive.

About Savara Surekha's livelihood

Savara is an agripreneur who works 4 hours a day for 6 days a week. With this loan Savara will potentially obtain employment for 156 days.

Interest Rate

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

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

25,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Excellent

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

Watershed Support Services and Activities Network

   
Delhi
Partner since 2020
Partner logo

About

WASSAN’s vision is to establish participatory processes through a network approach that strengthens Natural Resources Management (NRM) practices to secure livelihoods of deprived communities in drought-prone areas. They engage and empower economically disadvantaged communities, particularly scheduled castes and tribes, in projects covering water management, crop management, afforestation, pasture/fodder development, rural energy management, soil, and land management, and the scope of their activities include capacity building, institutional development, networking, and advocacy. They have worked intensely with communities from Andhra Pradesh, Telangana, and Odisha.

Impact Narrative

To protect tribal farmers from falling prices of tamarind, Rang De and WASSAN have partnered to enable tribal farmers to meet the expenses of processing and storing their tamarind produce, while they wait for market conditions to improve.

Rupees Icon

Rs 24,40,000

Disbursed
User circle icon

71

Investees
Repayment icon

100.0%

Repayments
Left quotes

Accessing credit from banks during the lockdown period has been very difficult in the tribal area. In these trying times, our partnership with Rang De has provided relief.

- Dr. M L Sanyasi Rao, Regional Program Manager, Wassan
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS