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Noorjaha

Shaikh

logoAgripreneur

logo Solapur, Maharashtra

logo 273 livelihood days i

b-img b-img b-img

Noorjaha

Shaikh

#progressive#striving
Fund young Noorjaha Shaikh so she can fulfill her sons' dreams

logoAgripreneur

logo Solapur, Maharashtra

logo 273 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


Noorjaha Shaikh is a mother of two toddlers; two-year-old Rehan and one-year-old Rijawan. Her husband Mehabub works in a local company to support his family. Young Noorjaha has just launched her animal husbandry business but wants to greatly increase her output to meet the growing expenses of her family. She is seeking a loan to finance the purchase of five goats, which will enable her to sell goat milk around her village. This step is the first of her many plans to set up a full-fledged agro-allied business with goat rearing and milk collection services. She wishes to see her son become a teacher in the future and is hoping her business venture will ensure funding is not a burden for her two children’s educational ambitions. Join Noorjaha on her journey today.

My dream is to see my son become a teacher.

About Noorjaha Shaikh's livelihood

Noorjaha is an agripreneur who works 6 hours a day for 7 days a week. With this loan Noorjaha 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

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

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

Animal husbandry

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

A

Financial Profile i

B

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