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Jayashri Chougule

#humble#persevering
Fund Jayashri's refrigerator purchase so she can grow her retail business

Retailpreneur

Solapur, Maharashtra

45,000 has been disbursed

273 potential days of livelihood i

23,730 is the current outstanding balance

85.08 0 14.92 21270 3730 0

85%

15%

0%


For any retail business owner, a refrigerator is a must-have but for Jayashri Chougule, this has been a long-awaited purchase. She is a mother to 17-year-old Ganesh and 15-year-old Durgeshwari and runs a five-year-old retail business opening it to customers seven days a week. Her husband, Gopichand works as a farmer to also support the family. Now, with the availability of credit, Jayashri has decided to finally buy a refrigerator. The purchase will enable her to store dairy products so she can offer more products at her store. She hopes to be able to grow her income for the sales so she can further support her family. She intends to save up a fund to buy a plot of farming land as she dreams of seeing her son become a farmer. Join hands with humble Jayshri as she advances for her family.

I dream of seeing my son become a farmer.

About Jayashri Chougule's livelihood

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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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 i

Investee
occupation

Retail 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

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

Rs 1,16,15,500

Disbursed

390

Investees

95%

Repayments

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

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