false
false 0 0

Vanjangi Viswa Vidyasagar Naidu

#gogetter#ambitious
Viswa needs to begin the sowing season.

Agripreneur

Visakhapatnam, Andhra Pradesh

25,000 Loan is fully repaid

364 potential days of livelihood i


Viswa is an experienced farmer. He has toiled on his farm for four years. Viswa lives with a family of four and agriculture brings in the income to sustain. There are times when the going gets tough but Viswa never backs down. Due to a disruption in the supply chain, Viswa finds it difficult to get essential supplies for beginning the new Rabi season. With this loan, he will be able to buy quality seeds and fertilizers and it also will support his family through this crisis. He wants to purchase millet with this loan amount. He also wants to meet the costs of availing storage units and millet processing machines. Invest in Viswa and help him tide through these trying times.

I wish to expand my agriculture activity.

About Vanjangi Viswa Vidyasagar Naidu's livelihood

Vanjangi is an agripreneur who works 8 hours a day for 7 days a week. With this loan Vanjangi 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

8 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

A

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 -313 days remaining

added to cart