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Minaj

Shaikh

logoAgripreneur

logo Solapur, Maharashtra

logo 234 livelihood days i

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

Minaj

Shaikh

#progressive#determined
Invest in Minaj’s endeavours on her mission to educate her three daughters

logoAgripreneur

logo Solapur, Maharashtra

logo 234 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


Minaj Shaikh is a mother who is setting out to make progress. Her mission is to educate her three daughters by growing the income from her business. Her oldest daughter is already working towards becoming a collector. Using this loan, Minaj plans to purchase a buffalo and grow her monthly earnings through increased sales of milk. She has also already laid out her longer term plans. She intends to create a second stream of income by starting a small organic farm, enabling her to play a larger role in supporting her family’s expenses. Support Minaj on her exciting endeavor as she spearheads progress for the women in her family.

My dream is to see my daughter become a collector.

About Minaj Shaikh's livelihood

Minaj is an agripreneur who works 6 hours a day for 6 days a week. With this loan Minaj will potentially obtain employment for 234 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

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

B

Sakhi Samudaya Kosh

   view website
Maharashtra
Partner since 2019

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

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

95.0%

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
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0