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Damayanti

Waghmare

Beautypreneur

Solapur, Maharashtra

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4 Borrower Image 5

Damayanti

Waghmare

#Supermum# determined
Fly Damayanti's kite to success

Beautypreneur

Maharashtra

227 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Damayanti

Damayanti Waghmare sits clad in beautiful pink saree as she shares her dreams and ambitions. Hailing from Solapur Maharashtra, this mumpreneur is dreaming big. She’s seeking access to credit to purchase a washing machine for her laundry business, and furniture for her beauty parlor. The income earned will help her support her husband and enroll her children in better schools. Putting your funds into Damayanti’s loan will help her achieve her goals whilst empowering the businesswoman in her.

About Damayanti Waghmare's livelihood

Damayanti is a beautypreneur who works 5 hours a day for 7 days a week. With this loan Damayanti will potentially obtain employment for 227 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Damayanti Waghmare has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Beauty parlour

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

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.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS