Kalpna Bidave, from Solapur, is a hard-working entrepreneur running an animal husbandry business. She’s always considering how she can expand her business, and her next step right now is to buy another buffalo. Entrepreneurial Kalpna has taken a loan before and is familiar with the process of managing credit and timely repayments. She’s a mumpreneur with a vision and a small investment into her dreams would go a long way.
Kalpna is an agripreneur who works 7 hours a day for 7 days a week. With this loan Kalpna 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. Kalpna Bidave 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 35,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Animal husbandry
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.
Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.
Rs 1,15,25,500
Disbursed
388
Investees
100.0%
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.
Share Kalpna's profile
Invite your family and friends to view Kalpna's profile on Rang De
