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Babita

Kore

logoFood Entrepreneur

logo Solapur, Maharashtra

logo 45,000 loan needed

logo 273 livelihood days i

b-img b-img b-img

Babita

Kore

#provider#resilient
Babita needs credit to expand her flour mill.

logoFood Entrepreneur

logo Solapur, Maharashtra

logo 45,000 loan needed

logo 273 potential days of livelihood i

Babita Kore's loan is cancelled and investments shall be reverted.


Babita lives in Solapur, Maharashtra where she is an entrepreneur. She receives income from running a small flour mill. She is looking to expand this business so that she can enhance her livelihood. The credit will help her purchase a new machine for her mill. She also wishes to purchase a noodle making machine with the loan to expand her business during the upcoming festive season. Invest in Babita's ambitions of expanding her business.

I wish to give a good future for my children.

About Babita Kore's livelihood

Babita is a food entrepreneur who works 7 hours a day for 6 days a week. With this loan Babita 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

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

2.00%

3.60% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

45,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

B

Sakhi Samudaya Kosh

   view website
Maharashtra
Partner since 2019

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

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

Rs 1,15,25,500

Disbursed

388

Investees

95.0%

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
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0