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Laxmi

Ubale

Retailpreneur

Solapur, Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Laxmi

Ubale

#ambitious#zealous
Join hands with mother of four, Laxmi Ubale as she uplifts her apparel store

Retailpreneur

Maharashtra

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Laxmi

Laxmi Ubale is a mother to four ambitious children. Her husband Tatya Ubale works in the private sector to support his big family. Now Laxmi is seeking credit to restock her store with readymade apparel and fabric to ensure she's able to attract more customers. Her store revamp is the first of many of her plans as she works towards providing for her three daughters and one son. She hopes that the restock will bring in more business and help her increase her revenue to finance her bigger goals. She hopes to one day start a farming business, another source of livelihood for her family. The new business will help ease the financial burden on Laxmi and her husband enabling them to fuel their daughter's dream of becoming a doctor. Join Laxmi on her spirited journey today.

About Laxmi Ubale's livelihood

Laxmi is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Laxmi will potentially obtain employment for 364 days.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel store

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