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Mumtaj

Pirsab Nadaf

logoRetailpreneur

logo Solapur, Maharashtra

logo 273 livelihood days i

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

Mumtaj

Pirsab Nadaf

#resilient# provider
Mumtaj needs credit to expand her retail business.

logoRetailpreneur

logo Solapur, Maharashtra

logo 273 potential days of livelihood i

40,000 loan is fully repaid

40,000 loan is fully repaid


Mumtaj is an entrepreneur. She owns a retail store in Solapur, Maharashtra. The revenue from this business serves as an income for this family of five. Mumtaj wishes to expand her business and is seeking credit for purchasing products for her store such as bangles and jewellery. Help Mumtaj improve her family income by making her dreams come true.

I wish to give a good future for my children.

About Mumtaj Pirsab Nadaf's livelihood

Mumtaj is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Mumtaj will potentially obtain employment for 273 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

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

2.00%

3.60% APR

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

Loan
amount

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

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

B

Financial Profile i

A

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