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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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Gita Devi

#trailblazer#persevering
Gita needs your support to buy a buffalo to establish her business

Agripreneur

Ajmer, Rajasthan

₹ 48,000 has been disbursed

364 potential days of livelihood i

₹ 28,000 is the current outstanding balance

100 0 0 20000 0 0

100%

0%

0%

About Gita Devi

Gita Devi, a resident of Ajmer in Rajasthan is gearing up to add to her herd. She has a decade of experience in running a small animal husbandry business and now, wants to make key additions to her business to grow it. Gita is seeking a loan to purchase a buffalo and some fodder for it. She hopes that these additions will enable her to grow her income and help set aside a fund to establish another business for her children so they too can become financially stable. Furthermore, Gita wants to build a home for her family using the savings from her business. Support enterprising Gita today.

My dream is to establish a business for my children.

About Gita Devi's livelihood

Gita is an agripreneur who works 8 hours a day for 7 days a week. With this loan Gita will potentially obtain employment for 364 days.

Interest Rate
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

Loan Details

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

Loan
amount

₹ 48,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Know more
Co-curated and referred by our Impact Partner

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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