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Jannatun

Begum

logoRetailpreneur

logo Bongaigaon, Assam

logo 318 livelihood days i

b-img b-img b-img

Jannatun

Begum

#ambitious#courageous
Help Jannatun pay the bills for the smooth functioning of her business.

logoRetailpreneur

logo Bongaigaon, Assam

logo 318 potential days of livelihood i

40,000 loan is fully repaid

40,000 loan is fully repaid


Jannatun has been running an apparel store for over three years in Bongaigaon, Assam where she lives with her family of four. Being the breadwinner of her family, Jannatun works extremely hard to meet the everyday expenses of her family. She wishes to expand and pay the due bills of her shop and needs the credit for the same. With the help of some financial help from Rang De, she will purchase some more cloth materials to her shop, pay the electricity and shop rent, and pay for the shop keeper as well. Invest in Jannatun today for her secure future!

I wish to build a big house for my family.

About Jannatun Begum's livelihood

Jannatun is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Jannatun will potentially obtain employment for 318 days.

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

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

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

None

Repayment
mode

EMI i

Investee
occupation

Apparel store

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

 

C

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

B

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0