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Priya

Raul

logoRetailpreneur

logo Solapur, Maharashtra

logo 227 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Priya

Raul

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

logoRetailpreneur

logo Solapur, Maharashtra

logo 227 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000 loan is fully repaid

30,000 loan is fully repaid


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.

I want to sell sarees through a door-to-door sales service.

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.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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 Equated Monthly Instalment

Investee
occupation

Apparel store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Sakhi Samudaya Kosh

   view website
Maharashtra
Partner since 2019

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.

Rs 1,15,25,500

Disbursed

388

Investees

94.0%

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
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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0