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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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Popat Shelake

#Superwoman# vibrant
Invest in positive Popat's next steps

Agripreneur

Solapur, Maharashtra

30,000 has been disbursed

364 potential days of livelihood i

5,000 is the current outstanding balance

90.91 0 9.09 25000 2500 0

91%

9%

0%


About Popat Shelake

Juggling motherhood, running a household and simultaneously choosing to become a businesswoman is the tale of vivacious Popat Shelake. She's a woman who has chosen to share the role of breadwinner in her family with her husband. Popat’s requirement for credit is to purchase goats for her business. This also means Popat is now going to become a part of the growing community of financially empowered women in her village. What’s even better is, Popat is moving forward by learning how to make digital transactions. Join Popat take these steps as you brighten her future.

My dream is to see my children become well settled professionals.

About Popat Shelake's livelihood

Popat is an agripreneur who works 8 hours a day for 7 days a week. With this loan Popat will potentially obtain employment for 364 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

A

Financial
Profile i

B

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 1,15,52,500

Disbursed

389

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 -514 days remaining

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