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Rangde P2P Investment
- Thread starter siva@99
- Start date
Tejo
TF Legend
First time hearing.
But you should aware of toc, it's p2p, if you invest on any individuals, if individuals pays to you then only you can get your paisa, else investment bhi gaya*
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no
AritraSaha
TF Legend
Yeah, in this platform you get select the the person. But if the person run with the money,
Your money -
Your money -
They give our money to farmers for the purpose of cultivation and this platform act as a mediator. I feel interest is gud considering the fact they are offering 8%p.a for a period of 18 months.
Kiranonlinee
TF Premier
Bro fd intrest rate in small finance bank is near to 8.5% with RBI insurance.
If u take traditional banks u get 7.75% then y u want to take risk of P2P lending
Tejo
TF Legend
If you have concern for farmers, just buy the land, give for rent.
So all is good take profits, else don't scold them.
I know someone who invested for many years now. But his purpose is philanthropic, so he is not so much worried about the interest (or even principal).
as lon g as your money is safe here you should invest for a greater cause of helping the economy.
banks are forced to lend to farmers becuase of psl and due to this farmers dont get adequate credit.
if someone is openly lending to them and your money is safe,i think you should go for it
Sharing my long-term P2P/social investment results...since 2011.
This was more of a "semi-charitable" or social investment to help folks unable to get bank loans/formal financing to start small ventures/short term emergency loans. All diversified and crowd funded through rangde.org As you can see there are a few defaults and delays and is in net loss. As...
www.technofino.in
