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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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Meena Ausaramal

#breadwinner#hardworking
Meena needs a loan to establish her agro-products shop.

Agripreneur

Beed, Maharashtra

25,000 has been disbursed

312 potential days of livelihood i

20,833.33 is the current outstanding balance

75 0 25 4167 1389 0

75%

25%

0%


About Meena Ausaramal

Meena is an entrepreneur from Beed, Maharashtra. She supports her family of three with her business of agro products. She has been working in the field for the past ten years. Meena wishes to make her small business into a bigger establishment and is looking for credit to rent a shop stock up her shop. The family owns a small portion of agricultural land but her business is the primary source of their income. Meena wishes for a secure future and this income will support her dream. Invest in Meena today.

My dream is to enjoy a secure future with my family.

About Meena Ausaramal's livelihood

Meena is an agripreneur who works 8 hours a day for 6 days a week. With this loan Meena will potentially obtain employment for 312 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

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

Loan Details

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

Loan
amount

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Agro products

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Co-curated and referred by our Impact Partner
Navchetana Sarvagin Vikas Kendra

Established in

2008

With Rang De from

2020

Founded by

Manisha Ghule

Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.

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