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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Suseela Ravi

#pioneer# driven
Suseela is on her way to success starting with a cow purchase

Agripreneur

Dharmapuri, Tamil Nadu

35,000 has been disbursed

136 potential days of livelihood i

11,666.6 is the current outstanding balance

100 0 0 23333 0 0

100%

0%

0%


About Suseela Ravi

Suseela Ravi hails from the southern state of Tamil Nadu. She's a humble but enthusiastic woman whose biggest dream is to send her child to a good school. Of late, Suseela's entrepreneurial ambitions have her all excited. She has seen opportunity in the form of this loan that allows her to take a big step forward in her animal husbandry business. The purchase of a cow will be a crucial step towards sharing the role of breadwinner in her family and easing the burden on her husband. Invest in Suseela so that she can score for her family.

My dream is to become a prosperous farmer.

About Suseela Ravi's livelihood

Suseela is an agripreneur who works 3 hours a day for 7 days a week. With this loan Suseela will potentially obtain employment for 136 days.

Interest Rate
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

Loan Details

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

Loan
amount

35,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

Co-curated and referred by our Impact Partner
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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