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Helshabina Sangma

#passionate#hustler
Help Helshabina set-up a proper food stall and expand her business.

Food Entrepreneur

Goalpara, Assam

40,000 has been disbursed

130 potential days of livelihood i

36,666.67 is the current outstanding balance

100 0 0 3333 0 0

100%

0%

0%


Helshabina is a resilient entrepreneur who runs a business of selling food products in Goalpara, Assam. Being the sole breadwinner of her family, Helshabina holds great responsibility on her shoulders to work hard so that she can support her family and their needs. With a dream to enjoy a secure future with her family, Helshabina has turned to Rang De seeking support for the construction of a space where she can set up a proper food stall. The timely disbursal of the loan amount will allow Helshabina purchase the essential material and set up her food stall as soon as possible. Invest in Helshabina today!

I wish to expand my business by selling varieties of food products.

About Helshabina Sangma's livelihood

Helshabina is a food entrepreneur who works 4 hours a day for 5 days a week. With this loan Helshabina will potentially obtain employment for 130 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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

A

Financial
Profile i

A

Seven Sisters Development Assistance

Established in

2011

With Rang De from

2020

Founded by

Aswini Bhattacharya

Award winning NGO Seven Sisters Development Assistance (SeSTA) works with more than 32,000 families in 470 far flung villages spread across 14 districts in three States (Assam, Meghalaya and Tripura) through 3000 Self Help Groups (SHGs). SeSTA has 23 professional field teams at the block level in all the working districts. SeSTA collectivizes women to form Self Help Groups (SHGs), builds their capabilities and strengthens livelihood systems to alleviate mass poverty in these far-flung villages. Through its work on agriculture interventions in food crop and vegetable crops, Natural Resources Management and intensification and diversification of other livelihoods portfolio like goat rearing, piggery, fisheries, mushroom cultivation etc. SeSTA has addressed the issues of economic disempowerment and discrimination in far flung villages of the NE. Despite being a new entity, SeSTA is today supported by renowned agencies in the development spaces including APPI, Tata Trusts, Indigo, NABARD etc. It is also the technical support partner for State Rural Livelihoods Mission in Arunachal Pradesh, Nagaland and Mizoram apart from being a direct engagement partner in Assam and Tripura. The organization has won the India Development Marketplace Award 2014 by World Bank and Chief Minister’s Best Action Award for Community Development. SeSTA has also won the prestigious Polestar award in the Social Impact category for the year 2019.

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