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Priya

Raul

Retailpreneur

Solapur, Maharashtra

227 livelihood days

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

Priya

Raul

#progressive#committed
Enable Priya Raul enhance her apparel business and make financial progress

Retailpreneur

Maharashtra

227 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Priya

Solapur resident Priya Raul is making her first defining step towards becoming a businesswoman. She runs a small apparel business but wants to soon expand into a proper shop. Priya has applied for a loan in order to take the next step in her business, and grow her revenue. She intends to use the loan to stock up on a fresh collection of apparel, in order to better the sales. Priya intends to save up from the returns of her sales, with the hopes of being able to soon expand her apparel business into full-fledged shop. Her dream is to sell sarees to the women in her community through her shop and also through door-to-door sales services. Invest in Priya’s dreams today.

About Priya Raul's livelihood

Priya is a retailpreneur who works 5 hours a day for 7 days a week. With this loan Priya will potentially obtain employment for 227 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Priya Raul 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

30,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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