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Chanesh

Choudhary

logoService Entrepreneur

logo Ajmer, Rajasthan

logo 364 livelihood days i

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

Chanesh

Choudhary

#pioneer#driven
Chanesh wants to support her husband by repairing his truck

logoService Entrepreneur

logo Ajmer, Rajasthan

logo 364 potential days of livelihood i

50,000 loan is fully repaid

50,000 loan is fully repaid


Young Chanesh Choudhary is a resident of Ajmer Rajasthan. She lives with her husband Omprakash who works as a driver and their three-year-old son Manan. Her dream is to build a big new house for her family and to see Manan become a teacher. Currently, Omprakash's income, from his driving job, supports the family of three. He has even taken up tailoring to help make ends meet for the family. Unfortunately, his truck, a trailer trolley, is not able to run because of urgent repairs. Chanesh has thus decided to lend a helping hand to her husband. She is seeking a loan to finance the repairs and to buy a new trailer for the truck. She hopes this will enable Omprakash to continue running his transport services as he supports his family. Fund determined Chanesh today.

I dream of seeing my son become a teacher.

About Chanesh Choudhary's livelihood

Chanesh is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Chanesh will potentially obtain employment for 364 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

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

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

B

Rajasthan Mahila Kalyan Mandal

   
Rajasthan
Partner since 2019

About

Rajasthan Mahila Kalyan Mandal Sanstha, Ajmer founded in 1975 started working in the field of disability & rehabilitation since 1988. Organization started Community Based Rehabilitation program in 1998 for those Children With Special Needs who couldn’t reached Day Care Centre due to transport or any other reason. Presently, Organization is working with more than 1900 CWSN in Rajasthan. RMKM works with rural communities and Persons With Disability to rehabilitate them by enabling ownership over environment, institutions and communication. The areas in which we work towards a more empower and equitable future are as follows: Education and Inclusion, Health, Livelihood Promotion and Micro-Credit, Human Resources Development

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

98.0%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0