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Nanda

Gund

Food Entrepreneur

Solapur, Maharashtra

682 livelihood days

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Nanda

Gund

#Superwoman# driven
Turn things up a notch for Nanda

Food Entrepreneur

Maharashtra

682 potential days of livelihood

₹ 35,000 loan is fully repaid

₹ 35,000 loan is fully repaid

About Nanda

Nanda Gund is all about woman power. She juggles being a full-time mother to her children while running a food stall in her village in Solapur. A super hard worker, she works seven days a week for 15 hours each day. And she’s not stopping there. She’s turning things up a notch by purchasing new furniture for her food enterprise so that she can welcome even more food lovers to the eatery. Cooking with love is her favorite hobby and she’s leveraging this hobby well to make money to support her family. Join her on this delightful journey.

About Nanda Gund's livelihood

Nanda is a food entrepreneur who works 15 hours a day for 7 days a week. With this loan Nanda will potentially obtain employment for 682 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nanda Gund 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

₹ 35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

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

Proceed to Pay

3

Total: ₹3000

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