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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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Theethi Ramalingam

#progressive# enthusiastic
Pitch into fund Theethi Ramalingam's cow purchase

Agripreneur

Dharmapuri, Tamil Nadu

30,000 has been disbursed

136 potential days of livelihood i

9,999.96 is the current outstanding balance

100 0 0 20000 0 0

100%

0%

0%


About Theethi Ramalingam

Theethi Ramalingam and her husband live in the village of Dharmapuri in Tamil Nadu. Theethi's husband works as a farmer, and his income supports the both of them make ends meet. Now however, Thetthi has decided to also step up and contribute financially. She is taking the opportunity that credit provides to become the businesswoman she has always aspired to be. With the hurdle of funding now out of the way, Theethi hopes to purchase a cow that will help her sell milk to her neighbors in the village. Join Theethi on her exciting journey.

My dream is to have a good family.

About Theethi Ramalingam's livelihood

Theethi is an agripreneur who works 3 hours a day for 7 days a week. With this loan Theethi 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

30,000

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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