
Farmers are living idols in India and are considered as heart and soul of the Indian economy. India is referred to as the “land of farmers” since most of the population is involved in agriculture in some way. Despite contributing a substantial share in the country’s GDP, the condition of farmers are terrible in India. The reasons are many, from weather and climate issue to scale of operation to shortage of farm labours to unsatisfactory realization of prices, to quality of seeds and fertilizers, and the list can go and and on, but do we have any solution for this. Well government has taken many initiatives like Soil Health Card Scheme, Neem Coated Urea, Paramparagat Krishi Vikas Yojana (PKVY), Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), National Agriculture Market (e-NAM), Pradhan Mantri Fasal Bima Yojana (PMFBY) and Interest Subvention Scheme.
Same is the case with arcticians and other small scale entrepreneurs.
However as a common man what are we doing to help them? The question comes in mind, can we really help? Well, the answer is “Yes”, you can. And one such initiative is taken by Rang De which is India’s pioneering and only peer to peer lending platform focused on providing timely and affordable credit to unbanked communities. P2P lending (peer-to-peer lending) is a type of platform that allows participants to borrow and lend sums of money without having to rely on a conventional financial institution to control transactions.
They are the pioneer in social investing, enabling individuals to lend to unbanked farmers, artisans and entrepreneurs and help kickstart, sustain and grow their livelihoods.
The founders of Rang De feels that credit could play a transformative role in ending poverty. And so, with Rang De, they set their sights on addressing affordability and access.
What is their Core
“Our platform is underpinned by technology, people, and human-centered design to make credit affordable for investees (borrowers) and to create a rich social investing experience for our social investors (lenders). A highly differentiated business model helps us maximize impact, drive profitability and growth.”
What makes them unique
“We stand for radical transparency. Everything that our social investors would ever need to know is out there for them. Right from being able to choose their investees, to what happens behind the scenes in the organization.”
The team of Rang De is extremally passionate about this cause and as a citizen of this country I personally feel it is our responsibility to encourage such initiatives and give our helping hand to make India a better place for every citizen.
I believe what Rang De is doing is exceptionally noble and if you feel the same, then do invest in the business of these rural entrepreneurs to raise their families out of poverty, and create jobs in poorer parts of India. You can invest as little as INR 100 or as much as you’d like.
“This post is part of Blogchatter’s CauseAChatter initiative with Rang De.”
Very well explained about Rang de..I was finding it difficult to understand but your detailed blog has made it simple.
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Such initiatives are a great leap of faith for our farmers, government makes many such policies but the issue with us is we aren’t aware of any such policy. Posts like these should be shared more and more to make it a real awareness for all.
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Thanks much for enlightening me about Rang de which I wasn’t aware of. I hope the post reaches more people and helps in the awareness of availability of such benefits to farmers
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As someone who has been championing for mental Health through #causeachatter initiative, I was skeptical about the next step forward namely Rang De but your post clarified a lot of doubts. Thank you Swati!
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I love the initiative, which brings hope and gives them the strength to live and survive. I have heard much about Rangde and am glad you shared all the details.
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This is such a wonderful initiative. Rang De is not only promoting sustainable agriculture and improving food security, but also enhancing the economic well-being of rural communities. More power to them!
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I went through their website and also contributed Rs 100/-. Hope it helps the cause I chose. Let’s see how it goes. They are doing an amazing job. Love the initiative.
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I am in awe of the brain that has thought through the initiative of Rang De. How beautiful the world would.be if Eveyone would think like them. I am happy to be a part of it and contribute the least I could
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What Rang De is doing is an amazingly helpful step in creating businesses. Credit is one of the most difficult part that unbanked farmers face and if we can help them in any which way we can, it’s a blessing.
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You rightly said that small contributions can make a big difference. Rang de is a great initiative to bring that needed change.
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This definitely is a welcome move for them to give our support. Thanks for sharing detailed information about this.
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