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Minaj Shaikh

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

Agripreneur

Solapur, Maharashtra

35,000 has been disbursed

234 potential days of livelihood i

8,749.97 is the current outstanding balance

75 16.67 8.33 26250 2917 5833

75%

8%

17%


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

10.0% 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

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

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 1,15,70,500

Disbursed

389

Investees

91%

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

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