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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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Mukta Kuthar

#mumpreneur# selfstarter
Help Mukta set up her dream tailoring business

Retailpreneur

Osmanabad, Maharashtra

35,000 has been disbursed

227 potential days of livelihood i

11,666.64 is the current outstanding balance

88.89 0 11.11 23333 2917 0

89%

11%

0%


About Mukta Kuthar

Mukta Kathar is a loving mother and a humble tailor. She is known to sew clothes to perfection and is now looking to leverage her skills and expand her tailoring business. The loan she has applied for will finance the purchase of a sewing machine, furniture and a piko fall machine for her business. With her two young sons still in school, Mukta hopes the income from her tailoring business will supplement the income of her husband, Maruti who works as a farmer. Fund this loan today to see Mukta spearhead her entrepreneurial dreams.

My dream is to become a successful entrepreneur.

About Mukta Kuthar's livelihood

Mukta is a retailpreneur who works 5 hours a day for 7 days a week. With this loan Mukta 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.

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

Loan Details

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

Apparel store

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

 

B

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

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 1,15,52,500

Disbursed

393

Investees

100%

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 -494 days remaining

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