false
false 0 0 E4a6shX3Ff

Mahadevaswmy

Siddiah

logoRetailpreneur

logo Mysuru, Karnataka

logo 40,000 has been disbursed

logo 409 livelihood days i

b-img b-img b-img

Mahadevaswmy

Siddiah

#Retailpreneur# Hardworker
Talk business with Mahadevaswamy

logoRetailpreneur

logo Mysuru, Karnataka

logo 40,000 has been disbursed

logo 409 potential days of livelihood i

2,000 is
the current outstanding balance

95 5 0 38000 0 2000

95%

0%

5%


Mahadevaswmy Siddiah's retail store is a happy and happening place. The store is well known around Jayapura and spirited Mahadevaswmy is thinking business. He works seven days a week and is leaving no stone unturned. Aware of the growing market, he is determined to increase customer visits to his store. This loan is his opportunity to make purchases of groceries, soaps and detergents for the store. With these purchases, Mahadevaswmy can continue expanding the store as he wishes. Contribute today to see him climb the ladder of entrepreneurial success.

I'm working towards constructing a new house.

About Mahadevaswmy Siddiah's livelihood

Mahadevaswmy is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Mahadevaswmy will potentially obtain employment for 409 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

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

40,000

Loan
tenure

20 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

B

Financial Profile i

B

Vild Foundation

   
Karnataka
Partner since 2019

About

VILD Foundation, along with its sister organisation Swami Vivekananda Youth Movement, has been working in various sectors of community development for the past 6 years. Formation and promotion of SHGs, microfinance and income generation activities have been part of their interventions for improving the socio-economic status of the communities. Presently they are operational in Mysore district, facilitating around 311 SHGs covering 90 villages & 6 towns. VILD has been working as a business correspondent for Nabfins since March -2015 & has been working with RangDe as a Impact partner since 2013.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rs 14,35,000

Disbursed

85

Investees

95.0%

Repayments

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0