Is raising funds for a cause or project from a large number of people, who contribute small amounts, usually via the internet. It is mostly seen as an act of charity.

Rang De enables social investing

Through our peer to peer social investment platform, the social investor is investing in the sustainable growth of an individual. This is no charity, the invested money comes back to the social investor, and the process is clear and transparent.

Is institutional financing for the poor. In the microfinance model, a borrower needs to become a part of a group and then borrow. Loans are given based on the group’s lending cycle, at interest rates of 26 - 34% APR. The impact is measured by the amount disbursed and the repayment rate.

Rang De provides low-cost customised loans

Rang De leverages technology to raise loans from the collective, in turn significantly reducing interest rates. An individual can borrow as per their unique needs at interest rates as low as 9 - 18% APR. Most importantly, these loans are provided alongside entrepreneurial and financial literacy training, and the impact is measured by household income and savings.

In the P2P lending landscape today in India, most platforms are catering to the non-priority sector. The majority of them promise a higher return for the investment made, quite contrary to the purpose of social investment. The existing platforms are expensive for both borrowers and lenders.

Rang De makes credit affordable & accessible

We work solely with the priority sector. Our single-minded focus is to make credit affordable and accessible to the millions, who are excluded. We take a holistic approach and work with our partners to deliver entrepreneurship and financial literacy content on the ground.