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Minakshi

Mokale

Retailpreneur

Solapur, Maharashtra

30,000 loan needed

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Minakshi

Mokale

#driven#progressive
Invest in Minakshi's apparel store upgrade as she funds her son's ambitions

Retailpreneur

Maharashtra

30,000 loan needed

227 potential days of livelihood

Minakshi Mokale's loan is cancelled and investments shall be reverted.


About Minakshi

Hardworking Minakshi Mokale is seeking an upgrade. She's a single mother of two children, and a businesswoman who has been running an apparel business in Solapur for the past three years. Now, Minakshi has applied for a loan to restock her store and buy a much-needed sewing machine so she can increase production at her store. She is also working towards starting a jewellery business in the near future to help grow her income. Her dream is to see her son become a soldier and determined Minakshi’s is leaving no stone unturned to ensure he is not burdened by the lack of funding. Support Minakshi as she strives to fly her kite of success.

About Minakshi Mokale's livelihood

Minakshi is a retailpreneur who works 5 hours a day for 7 days a week. With this loan Minakshi will potentially obtain employment for 227 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Minakshi Mokale has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel store

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

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.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS