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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Manima Goswami

#womenentrepreneur# womenempowerment# financialindependence
Manima is looking to expand her handlooms business and explore new horizons.

Retailpreneur

Kamrup, Assam

1,00,000 has been disbursed

351 potential days of livelihood i

95,833.33 is the current outstanding balance

100 0 0 4167 0 0

100%

0%

0%


About Manima Goswami

Manima was managing taxes at her job, when it struck her that she wished to do something creative for the people with her work. That is where her entrepreneurial journey began. She now runs a successful textile business, combined with handloom. Through her enterprise 'Radium', Manima works closely with artisan communities and handloom workers. The pandemic burdened the loom and the work had declined. The entrepreneur has taken this as a challenge and is now looking to diversify the enterprise. She needs financial assistance to invest in a stronger future for the business and its people. Manima seeks a loan to invest in inputs like machinery and raw material for a new line of products.

I wish to set up an industrial unit in Burkaland (Changsari) and provide employment people.

About Manima Goswami's livelihood

Manima is a retailpreneur who works 9 hours a day for 6 days a week. With this loan Manima will potentially obtain employment for 351 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

4.9% flat p.a.

8.8% APR

Social
Investor i

4.9%

8.8% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

The interest rate displayed here is based on the rate chosen by you. To choose a different rate, please click here.

Loan Details

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

Loan
amount

1,00,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

A

Co-curated and referred by our Impact Partner
Dhriiti-The Courage Within

Established in

2004

With Rang De from

2020

Founded by

Anirban Gupta, Nidhi Gupta, Arindam Dasgupta

Dhriiti - The Courage Within, founded in 2004, is a non-profit organisation working for the promotion of entrepreneurship across the country. With a vision to create financial, social, and ecologically (FSE) impactful entrepreneurs and enterprises and generate sustainable livelihoods, Dhriiti works with women, youth, children, and communities in economic crisis (CiEC); to build the spirit of entrepreneurship among Indian youth and to provide training on entrepreneurship skills, build businesses and deliver activities to grow local economies. Dhriiti has worked in 27 states across India to equip people from diverse socio-economic backgrounds with a strong focus on women entrepreneurs. With extensive knowledge and experience in working at different regions of India, Dhriiti continues to deliver the service of incubating women entrepreneurs in India through different projects like Ekta, YouStart NE, Project Pragati, WeCan, Beautypreneur and Project Her&Now.

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