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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Bhagyshri Channaveer Halasge

#provider#achiever
Bhagyshri needs credit to expand her food store.

Food Entrepreneur

Solapur, Maharashtra

35,000 has been disbursed

273 potential days of livelihood i

29,166.65 is the current outstanding balance

75 0 25 5833 1944 0

75%

25%

0%


About Bhagyshri Channaveer Halasge

Bhagyshri lives with a family of three. She owns a food store in Solapur, Maharashtra. She is looking to expanding the food business. Expanding the business would mean a higher income for the family. She wishes to expand her services with this credit by purchasing an additional flour mill. She also wishes to earn a profit from this to purchase a noodle making machine in the future. Invest in Bhagyashri's dreams today.

I wish to give a good future for my children.

About Bhagyshri Channaveer Halasge's livelihood

Bhagyshri is a food entrepreneur who works 7 hours a day for 6 days a week. With this loan Bhagyshri will potentially obtain employment for 273 days.

Interest Rate
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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

Loan Details

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

Loan
amount

35,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food store

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

A

Financial
Profile i

A

Co-curated and referred by our Impact Partner

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 1,17,05,500

Disbursed

393

Investees

100%

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

0 more to go -104 days remaining

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