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Mayadevi Swami

#selfless#visionary
Support role model Mayadevi’s plans to empower women through tailoring classes

Retailpreneur

Solapur, Maharashtra

45,000 has been disbursed

273 potential days of livelihood i

7,500 is the current outstanding balance

100 0 0 37500 0 0

100%

0%

0%


Mayadevi Swami is an aspiring fashion designer. She is also determined to support other women as she works towards achieving her dream. As a young mumpreneur, Mayadevi has been juggling her household chores and an apparel store while raising her two-year-old son Swami. Now, she wants to serve her community and uplift women by starting tailoring classes for them. She is seeking credit to purchase a sewing machine which she intends to use for the tailoring classes for at least five students. She hopes that these classes will give the women the skills and confidence they need to start their own businesses, as they strive to become financially independent. Support Mayadevi on her selfless journey as she empowers the women of her community.

I dream of becoming a fashion designer.

About Mayadevi Swami's livelihood

Mayadevi is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Mayadevi will potentially obtain employment for 273 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

45,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

A

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

0 more to go -658 days remaining

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