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Jayashri

Raut

Food Entrepreneur

Solapur, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Jayashri

Raut

#determined# zealous
Support Jayashri revamp her restaurant as she expands her business

Food Entrepreneur

Maharashtra

273 potential days of livelihood

45,000 loan is fully repaid

45,000 loan is fully repaid


About Jayashri

Jayashri Raut is a resident of Solapur, Maharashtra. She works seven days a week, running her five year old restaurant to serve food to the residents of her locality. Jayashri is now seeking credit to give the restaurant a much needed revamp. She hopes to use the funds to finance the purchase of a new 'Kadhai', some ingredients as well as some furniture. A revamped restaurant will not only attract a new flurry of customers, but will also enable Jayashri grow her monthly income to start an additional restaurant. She also plans on starting a water jar refilling station in her restaurant so that customers can have their jars refilled with drinking water. Pitch into Jayashri's revamp fund today so she can become the businesswoman of her dreams.

About Jayashri Raut's livelihood

Jayashri is a food entrepreneur who works 6 hours a day for 7 days a week. With this loan Jayashri will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Jayashri Raut has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

45,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

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

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS