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Mafa

Bano

logoCreative Entrepreneur

logo Ajmer, Rajasthan

logo 364 livelihood days i

b-img b-img b-img b-img b-img

Mafa

Bano

#artistic# hardworking
Invest in Mafa as she expands her embroidery business.

logoCreative Entrepreneur

logo Ajmer, Rajasthan

logo 364 potential days of livelihood i

50,000 loan is fully repaid

50,000 loan is fully repaid


Mafa Bano of Babaycha, Ajmer, Rajasthan is an entrepreneur and runs a tailoring, embroidering business. Her family of 4 is a farming family and her income adds to their earnings. She has been working in this enterprise for the past three years and is now looking towards expansion. She needs financial assistance to add sewing machines, motor, raw materials and more people to her work. The income from more work will ensure Mafa moves closer to her dreams for her family and their secure future.

Her dream is to enjoy a secure future with her family.

About Mafa Bano's livelihood

Mafa is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Mafa 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

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

2.00%

3.60% APR

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

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Embroidery

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

Rajasthan Mahila Kalyan Mandal

   
Rajasthan
Partner since 2019

About

Rajasthan Mahila Kalyan Mandal Sanstha, Ajmer founded in 1975 started working in the field of disability & rehabilitation since 1988. Organization started Community Based Rehabilitation program in 1998 for those Children With Special Needs who couldn’t reached Day Care Centre due to transport or any other reason. Presently, Organization is working with more than 1900 CWSN in Rajasthan. RMKM works with rural communities and Persons With Disability to rehabilitate them by enabling ownership over environment, institutions and communication. The areas in which we work towards a more empower and equitable future are as follows: Education and Inclusion, Health, Livelihood Promotion and Micro-Credit, Human Resources Development

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

98.0%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0