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Pradnya

Deshetti

Retailpreneur

Solapur, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Pradnya

Deshetti

#resilient#ambitious
Invest in Pradnya as she strives to support her husband’s entrepreneurial goals

Retailpreneur

Maharashtra

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Pradnya

Pradnya Deshetti is the owner of a one-year-old retail store in Solapur, Maharashtra. She is seeking credit to restock her store to be able to serve her customers. She plans to use this loan to buy the essential items needed at the store. Pradnya’s husband Remesh works at a job where he draws Rs.9,000 as a salary, but actually wants to follow the footsteps of his wife, and start his own venture. Pradnya’s dream is to support her husband’s ambitions and she hopes to use her savings to fund the launch of his new business. She looks forward to working together with her husband to improve the quality of life for their two children Ruturaj and Shurshti. Support Pradnya as she wins for her family.

About Pradnya Deshetti's livelihood

Pradnya is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Pradnya 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. Pradnya Deshetti 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

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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

3

Total: ₹3000

FUNDS

INDIVIDUALS