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Vidya Sathe

#selfless#humble
Fund selfless Vidya as she installs a drip irrigation system on her farm

Agripreneur

Solapur, Maharashtra

30,000 has been disbursed

273 potential days of livelihood i

17,933 is the current outstanding balance

48.27 31.73 20 12067 5000 7933

48%

20%

32%


For twenty years, Vidya Sathe has been toiling hard on her farm. Her income has supported her small family of four enabling her to fund the education of her sons Dinesh and Vinod. Dinesh now runs a hotel business and Vinod works as a driver of a private van. Vidya’s husband, Shivaji also works as a farmer. Now that Vidya’s sons have come of age, she has found the need to build a better house for her future daughters-in-law. She is thus seeking a loan to install a drip irrigation system on her farm to increase the output and her produce. This will earn her good financial returns which she intends to save up for the big house construction. In addition, she hopes to also buy another plot of farming land to supplement her current production capacity. Support Vidya on her selfless journey.

My dream is to build a good house for my daughter in law.

About Vidya Sathe's livelihood

Vidya is an agripreneur who works 6 hours a day for 7 days a week. With this loan Vidya will potentially obtain employment for 273 days.

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

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

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

A

Financial
Profile i

A

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rs 1,15,70,500

Disbursed

389

Investees

89%

Repayments

Customized loan products with affordable interest rates and long repayment tenures help the women entrepreneurs in our community to reinvest their income and expand their business turnover.

- Amar Shrimal, Chief Operations Officer, SSK

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