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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Pooja Sanjay Patil

#breadwinner#ambitious
Fund Pooja to buy raw materials and stitching machines for her store.

Retailpreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

35,555.54 is the current outstanding balance

100 0 0 4444 0 0

100%

0%

0%


About Pooja Sanjay Patil

Pooja is an ambitious woman. She juggles being a full-time mother while simultaneously running an apparel store in Solapur, Maharashtra. Now, Pooja wishes to expand her business venture by adding more clothing to the store. This will help support her husband who works in the agricultural sector and will also let Pooja save up money to construct a house in Solapur for her family and her. The loan will help boost the sales at the store by drawing in more customers and in the process empower Pooja as she strives to become a successful businesswoman.

I wish to build a big house for my family.

About Pooja Sanjay Patil's livelihood

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

Interest Rate
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

Loan Details

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

Apparel store

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

The rating is derived from the following data points.

Credit
bureau
score i

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Co-curated and referred by our Impact Partner

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 1,17,05,500

Disbursed

393

Investees

100%

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 -77 days remaining

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