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Fathima Shaikh

#determined#gogetter
Fund Fathima's goat purchase as she expands her milk business

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

364 potential days of livelihood i

15,555.47 is the current outstanding balance

91.67 0 8.33 24445 2222 0

92%

8%

0%


Businesswoman Fathima Shaikh has been working seven days a week for the past two years running an animal husbandry business. She is seeking credit to purchase more goats to add to her herd and increase her milk sales. She plans to sell the goat milk to the local milk corporation, earning her a steady income. Fathima is also working towards starting a farming business in the near future. She is diligently saving up towards purchasing a plot of land, where she can start farming activities. By doing so, Fathima hopes she will be able to better the quality of life for her sons Arman and Javed and her husband, Rafik who works in a poultry farm. Join Fathima as she wins for her family.

My dream is to farm on my own plot of land.

About Fathima Shaikh's livelihood

Fathima is an agripreneur who works 8 hours a day for 7 days a week. With this loan Fathima 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

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rs 1,15,70,500

Disbursed

389

Investees

90%

Repayments

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

0 more to go -556 days remaining

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