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Pallavi Gosavi

#determined#gogetter
Support Pallavi, a young graduate expand her belt making business

Creative Entrepreneur

Solapur, Maharashtra

50,000 has been disbursed

273 potential days of livelihood i

22,222.2 is the current outstanding balance

83.33 0 16.67 27778 5556 0

83%

17%

0%


Young Pallavi is an entrepreneur on her feet. She is a graduate who has been running a handicrafts business along with her husband, Sagar, for the past three years. Pallavi is now ready to step up her game and expand their business. She is seeking credit to make the purchase of raw materials and a belt making machine to boost the output of the business. She hopes these additions will enable her to increase her production so she can make more sales and hence grow her income. Pallavi hopes the revenue from her business will enable her to become financially secure so she can use her education and follow her dream of becoming a teacher. Invest in spirited Pallavi as she dreams of moulding the students of tomorrow.

My dream is to become a teacher.

About Pallavi Gosavi's livelihood

Pallavi is a creative entrepreneur who works 6 hours a day for 7 days a week. With this loan Pallavi 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Handicrafts

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

No credit history available

 

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

90%

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 -523 days remaining

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