₹ 29,696.03 is
the current outstanding balance
26%
0%
0%
74%
With a low-interest loan from Rang De, Anusha will be able to invest in her parlor and cater to more customers and also educate her children. This money will give her the confidence to act on her plans well. Support Anusha now as she wishes to provide a better life to her children.
The interest rate charged is split into returns for the social investor and charges incurred by the platform.
Investee
pays
5.00% flat p.a.
9.00% APR
Social
Investor
3.00%
5.40% APR
Platform
charges
2.00%
3.60% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 40,000
Loan
tenure
12 months
Moratorium
1 month
Repayment
mode
EMI
Investee
occupation
Beauty parlour
I am Karunya Reddy, the director of data and analytic for Randstad in Switzerland. I have recently moved back from Zurich to my home town, Hyderabad. I have been involved with Rang De's mission passively for a while, and wish to see if there is a more active role that I can take up personally. Now, I refer Anusha, my parlor lady for a loan from Rang De to take care of her children’s education and to expand her beauty parlor.
Anusha is running a small beauty parlor in Hyderabad. She is a very hardworking woman who supports her family and invests in her two children’s education with the mere income she gets from the parlor. But the pandemic made it hard fo her to have her business running smoothly and now, she is finding it difficult to meet the educational needs of her children. With a low-interest loan from Rang De, Anusha will be able to invest in her parlor and cater to more customers and also educate her children. This money will give her the confidence to act on her plans well. Support Anusha now as she wishes to provide a better life to her children.
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