Radha Barade

#ambitious#zealous
Enable aspiring fashion designer Radha purchase a sewing machine

Retailpreneur

Solapur, Maharashtra

30,000 has been disbursed

273 potential days of livelihood i

27,500 is the current outstanding balance

100 0 0 2500 0 0

100%

0%

0%


About Radha Barade

Radha Barade is opening up the doors to opportunity by choosing a different path in the wake of challenges in traditional livelihood activities in Solapur. She has decided to expand output from her apparel store by seeking credit for the purchase of a sewing machine. Radha is passionate about tailoring and intends to use her skills to sew a collection of apparel that she can sell at her store. Her income supports her son Uday who is enrolled in school and her husband, Datta, a graduate who works in a private company. Radha hopes the income from her apparel store will enable her to better the quality of life for her family as she sets her sights on becoming a fashion designer. In addition, she hopes she will be able to build a concrete house for her family soon. Invest in Radha as she wins for her family.

I dream of becoming a renowned fashion designer in my village.

About Radha Barade's livelihood

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

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

Previous
loans

0

Investee
occupation

Apparel store

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


×

Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Co-curated and referred by our Impact Partner
Sakhi Samudaya Kosh

Established in

2006

With Rang De from

2019

Founded by

Prema Gopalan

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.

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