false
false 0 0

Thamara Kondamma

#strength#breadwinner
Thamara needs to begin the sowing season, needs essential labour, seeds, and equipment.

Agripreneur

Visakhapatnam, Andhra Pradesh

25,000 Loan is fully repaid

364 potential days of livelihood i


Thamara needs to begin sowing for the Rabi season. She is from Visakhapatnam, Andhra Pradesh, and lives with a family of two. The recent disruption due to the COVID-19 crisis has made it difficult for Thamara to procure essential supplies. She is falling short of options and time is ticking. With the help of this loan, she will be able to buy all the essentials required and begin the season on time. She aims to purchase Millet with the loan amount. She also wishes to pay for processing the millets and avail a cold storage unit post harvest. This will help her to have a successful harvest and fulfilling the needs of her family.

I wish to expand my agriculture activity.

About Thamara Kondamma's livelihood

Thamara is an agripreneur who works 8 hours a day for 7 days a week. With this loan Thamara will potentially obtain employment for 364 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

25,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Agro products

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

Watershed Support Services and Activities Network

Andhra Pradesh and Telangana
Partner since 2020

About

WASSAN's vision is to establish participatory processes that strengthen Natural Resources Management practices to secure livelihoods of deprived communities, particularly scheduled castes and tribes, in drought prone areas.

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.

Rs 24,40,000

Disbursed

71

Investees

74%

Repayments

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

0 more to go -304 days remaining

added to cart