Lakshmibai Sindagi

#enthusiastic#spirited
Support Lakshmibai grow her retail business to fuel her son's ambitions

Food Entrepreneur

Solapur, Maharashtra

50,000 has been disbursed

455 potential days of livelihood i

41,666.66 is the current outstanding balance

100 0 0 8333 0 0

100%

0%

0%


About Lakshmibai Sindagi

Lakshmibai Sindagi is seeking credit to uplift her nine-year-old food and condiments business. A hardworking mother to seventeen-year-old Anand, Lakshmibai works seven days a week for ten hours each day. Her dream is to see Anand become a chartered accountant when he grows up and she is determined to ensure that funding does not come in the way of Anand's ambitions. Hence, Lakshmibai is seeking credit to stock up her store. She plans to purchase flour and other common food supplies that are in constant demand in Solapur. Contribute to Lakshmibai's fund so she can finance her son's education.

My dream is to see my son become a chartered accountant.

About Lakshmibai Sindagi's livelihood

Lakshmibai is a food entrepreneur who works 10 hours a day for 7 days a week. With this loan Lakshmibai will potentially obtain employment for 455 days.

Interest Rate
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

Loan Details

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

Loan
amount

50,000

Loan
tenure

18 months

Previous
loans

1

Investee
occupation

Food store

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

B

Financial
Profile i

B

Co-curated and referred by our Impact Partner
Sakhi Samudaya Kosh

Established in

2006

With Rang De from

2019

Founded by

Prema Gopalan

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.

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