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Eranna BR

#ambitious#gogetter
Eranna needs credit to complete the construction of his house.

Service Entrepreneur

Tumkur, Karnataka

64,500 has been disbursed

64,500 is the current outstanding balance


Eranna has been working as the Accounts Officer at Rang De for over a year now. He lives with his wife and a one and half year old daughter in a rented house in Bangalore. He has been working hard to fulfill his long-term dream of providing a house for his family and is now only a few steps away from it becoming a reality. An anticipated bank loan that did not materialize on time and has left him in a lurch to finish the construction of his house. Eranna has therefore spent all of his savings on this. With the delays caused by the pandemic, he is seeking credit to restart the construction soon. This loan from Rang De will help him materialize the house that he and his family have been dreaming about.

I wish to build a successful career and provide a better future for my family.
The interest rate charged is split into returns for the social investor and charges incurred by the platform.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

64,500

Loan
tenure

12 months

Moratorium

None

Repayment
mode

Flexible repayments 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

 

A

Rang De confidence score

 i


B


Loan
Profile i

B

Financial
Profile i

A

Referred by Atul Sharma
About me

I am a Chartered Accountant and Law graduate and have worked as a finance professional for over three decades with large multinational corporates. I dream of making a difference by contributing to the elimination of poverty from India. Eranna is my co-worker and I have been working with him closely for over a year now. Eranna needs credit to finish his house construction which has been delayed due to the COVID-19 pandemic. I believe this support from Rang De will help him fulfill his dream.

Why I am referring Eranna BR

Eranna has been working as the Accounts Officer at Rang De for over a year now. He lives with his wife and a one and half year old daughter in a rented house in Bangalore. He has been working hard to fulfill his long-term dream of providing a house for his family and is now only a few steps away from it becoming a reality. An anticipated bank loan that did not materialize on time and has left him in a lurch to finish the construction of his house. Eranna has therefore spent all of his savings on this. With the delays caused by the pandemic, he is seeking credit to restart the construction soon. This loan from Rang De will help him materialize the house that he and his family have been dreaming about.

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