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Farukh Farukh

#strong#survivor
Help Faruk with a much-needed loan by investing in him.

Service Entrepreneur

gurgaon, Haryana

5,000 has been disbursed

546 potential days of livelihood i

5,000 is the current outstanding balance

0 100 0 0 0 5000

0%

0%

100%


Faruk is a breadwinner for a family of six. He is a daily wage worker as he runs an autorickshaw to earn income for his family. Due to the lockdown, Faruk is unable to make any income and his savings are falling short to meet expenditures and dues. Faruk is seeking a formal loan to tide through the crisis.

I wish to fulfill all the needs of my family.

About Farukh Farukh's livelihood

Farukh is a service entrepreneur who works 12 hours a day for 7 days a week. With this loan Farukh will potentially obtain employment for 546 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 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

5,000

Loan
tenure

3 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Transport services

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

A

Financial
Profile i

B

Pink Capital

Established in

2020

With Rang De from

2020

Founded by

Anish Gupta

Pink Capital is enabling low-income households for a better tomorrow by helping them plan today. They educate them about financial planning, nudge them to become investors into their safer future and offer affordable goal-based products. Their saving and insurance products are designed to help these households achieve life goals and protect them against uncertainties in life.

0 more to go -403 days remaining

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