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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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Dipika Mistry

#diligent#committed
Dipika is working to expand her stationery store.

Retailpreneur

Daskroi, , Gujarat

69,700 has been disbursed

60,019.4 is the current outstanding balance

100 0 0 9681 0 0

100%

0%

0%


About Dipika Mistry

Dipika runs a stationary store in Mumbai. She has been running her small shop with utmost dedication and has managed to create a loyal customer base. Her shop has grown over time and now needs a wider range of products. Dipika looks forward to being able to meet all her customers’ needs. Invest in Dipika as she strives to become the one-stop-shop for her community’s stationery needs.

I wish for a secure future with my family.
Interest Rate
The interest rate charged is split into returns for the social investor and charges incurred by the platform.

Investee
pays i

6.0% flat p.a.

10.8% APR

Social
Investor i

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

69,700

Loan
tenure

36 months

Moratorium

1 month

Repayment
mode

EMI i

Investee
occupation

Retail 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


Loan
Profile i

B

Financial
Profile i

A

Referred by Pragnesh Mistry
About me

I have been working for 12+ years in the Telecom and E-commerce sector. I have worked at Flipkart, Airtel and am currently working as a senior manager at Jio. I believe in creating opportunities and uplifting those with the potential to grow. Rang De has given me a platform to invest in fellow beings and I am glad to do so..

Why I am referring Dipika Mistry

Dipika is a skilled entrepreneur and an expert retailer. She has been running a small stationary store, and has created a good income for herself over the past few years. Her customers are looking for more products, and Dipika is enthusiastic to fulfill their needs. She needs a loan to expand the range of products available at the store. Receiving a formal loan will also help her build a credit score, which in the longer run will make it easier for her to access institutional credit.

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