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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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Pravin Eknath Rajguru

#persevering#diligent
Support Pravin empower his only daughter Priya to become an accountant.

Service Entrepreneur

Pune, Maharashtra

30,000 has been disbursed

23,000 is the current outstanding balance

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100%

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About Pravin Eknath Rajguru

Pravin Rajguru is a hardworking father who works as a driver to support his family. He is seeking credit to educate his smart and industrious daughter Priya who is keen on enrolling in a Chartered Accountancy program. Pravin is really proud of his only daughter and wants to do all that he can to give her the opportunities she needs to thrive. He hopes to see her become a certified accountant who is financially independent and can enjoy a secure future. Priya’s success as a Chartered Accountant will also ease the financial burden off the shoulders of Pravin, who does not earn a fixed wage every month but is the sole breadwinner of his family. Support Pravin as he fuels his daughter’s dream.

My dream is to educate my daughter Priya so she can become financially independent.
Interest Rate
The interest rate charged is split into returns for the social investor and charges incurred by the platform.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% 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

30 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

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

 

A

Rang De confidence score

 i


B


Loan
Profile i

B

Financial
Profile i

A

Referred by Meenal Mamdani
About me

I am a retired physician currently residing in the USA. I visit India every winter and stay here for 3 months a year. I have been a firm believer in Rang De and I strongly believe that The Influencer Project is a positive way to enable individuals who would not be eligible for loans, to enter the formal economy. I prefer the formal process because lending money to people otherwise makes them dependent on our goodwill, a feudal relationship that is unhealthy. I have chosen to invest through Rang De so I can help communities of individuals build a credit history through the virtues and good financial behaviour that they have demonstrated, during the close association they have with Rang De and their impact partners.

Why I am referring Pravin Eknath Rajguru

Pravin Rajguru worked for me as a driver for about five years while my husband and I lived in Pune. I was impressed by his honesty, work ethic, and his non-flashy demeanor. I am delighted to hear that his daughter Priya is pursuing the goal of becoming a Chartered Accountant. This will be a big step up for the family. I have connected Priya to my cousin Sandhya, a tutor for commerce students, so that Priya can get guidance on the way forward. I want to do my best to support this young girl to achieve her dreams.

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