false
false 0 0 ewKiHJ6lYq

Radha

Barade

Retailpreneur

Solapur, Maharashtra

273 livelihood days

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

Radha

Barade

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

Retailpreneur

Maharashtra

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Radha

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.

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. Radha Barade 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

12 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