false
false 0 0 AHNZGpow6v

Chandrakala

Gavli

logoRetailpreneur

logo Ahmednagar, Maharashtra

logo 1,00,000 has been disbursed Tranche : 0

b-img b-img b-img b-img

Chandrakala

Gavli

#industrious#dreamer
Support Chandrakala's dream for a house of her own.

logoRetailpreneur

logo Ahmednagar, Maharashtra

logo 1,00,000 has been disbursed Tranche : 0

52,777.74 is
the current outstanding balance

94.44 0 5.56 47222 2778 0

94%

6%

0%


Chandrakala Gavli is a hard working woman with a dream of owning her own house. She works seven days of the week for nearly 12 hours each day by running her small retail store to make ends meet. Now, Chandrakala is ready to finally build a house of her own. She is seeking credit to fund the construction of a house that she can finally call home. She hopes the loan she receives will enable her to finally settle down with a and have her dream fulfilled. Invest in industrious Chandrakala to put a smile on her face.

I wish to own a house of my own.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

5.50% flat p.a.

9.90% APR

Social
Investor i

2.00%

3.60% APR

Impact
Partner i

up to 2.00%

3.60% APR

Platform
charges i

1.50%

2.70% APR

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

Loan
amount

1,00,000

Loan
tenure

36 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

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

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

A

Snehalaya

   
Maharashtra
Partner since 2020

About

Snehalaya works towards developing awareness and capabilities of individuals who have been deprived of their fundamental rights, as a result of the inequalities that exist in our society. The agency provides rescue, rights and rehabilitative services to the communities in most need. They are now working with Curry Stone Design Collaborative and Hunnarshala Foundation on a redevelopment program for the slums of Sanjaynagar in Ahmednagar.

Impact Narrative

This partnership will enable 298 families of Sanjaynagar in Ahmednagar to become proud owners of their dream homes.

Rs 25,40,000

Disbursed

27

Investees

100.0%

Repayments

At a time when most banks and micro-finance institutions turned the residents of Sanjaynagar away, our partnership with Rang De has enabled us to introduce our community members to formal sources of credit for the first time.

- Hanif Shaikh, Assistant Director- Education, Snehalaya
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0