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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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Bhaurabai Pangarakar

#progressive#striving
Invest in Bhaurabai’s food store and support her secure her livelihood

Food Entrepreneur

Solapur, Maharashtra

45,000 has been disbursed

273 potential days of livelihood i

30,000 is the current outstanding balance

100 0 0 15000 0 0

100%

0%

0%


About Bhaurabai Pangarakar

Bhaurabai Pangarakar has had five years of experience running her food store in Solapur. Empowered by the support from our impact partner SSK, Bhaurabai is ready to make a bulk purchase of Chakki Atta, a highly purchased commodity in her store. Bhaurabai’s husband Mahadev works as a farmer. Her stable business has brought the security that her family needs, in the wake of increasing uncertainties in farming businesses caused by climate change. Bhaurabai has got her eye on expansion and is working towards starting a dal mill in her village in the near future. Invest in Bhaurabai and strengthen her resolve to succeed.

My dream is to start a Dal mill in my village.

About Bhaurabai Pangarakar's livelihood

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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

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 1,15,52,500

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 -380 days remaining

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