false
false 0 0

Mumtaj Pirsab Nadaf

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

Retailpreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

17,777.7 is the current outstanding balance

100 0 0 22222 0 0

100%

0%

0%


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

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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

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

89%

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 -312 days remaining

added to cart