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Madina Shaikh

#mumpreneur# dreamer
Madina is ready to grow her retail store

Retailpreneur

Solapur, Maharashtra

35,000 has been disbursed

364 potential days of livelihood i

11,666.64 is the current outstanding balance

66.67 33.33 0 23333 0 11667

67%

0%

33%


Madina Shaikh is running a beehive. Her retail store is a happy and happening place running seven days a week. Madina is ready to step it up and is seeking credit to restock her store with new products. She hopes that with these purchases, she will be able to drive up sales and increase her income. Her big dream is to construct a concrete house for her family and to see her business keep growing. Contribute to Madina’s success and watch as she aces the entrepreneurial game.

My dream is to reside in a concrete home with my family.

About Madina Shaikh's livelihood

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

35,000

Loan
tenure

12 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

A

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 1,15,25,500

Disbursed

388

Investees

90%

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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