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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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Raisa Bano

#dreamer#determined
Join hands with Raisa as she launches her retail store to support her family

Retailpreneur

Ajmer, Rajasthan

48,000 has been disbursed

364 potential days of livelihood i

28,000 is the current outstanding balance

100 0 0 20000 0 0

100%

0%

0%


About Raisa Bano

Mumpreneur Raisa Bano is all set to take a new business venture. She dreams of building a new house from the funds raised through her business. Raisa is seeking credit to buy essentials for the retail shop. She intends to stock up the store while adding some furniture to the store. In addition, Raisa wants to add an air filling machine so her customers can quickly fill their tyres. These additions will help Raisa steer her business in the direction of growth as she supports her small family. She hopes, the revenue from her business will enable her to expand her shop so she makes it even bigger. Support Raisa on her journey today.

I dream of a big new house.

About Raisa Bano's livelihood

Raisa is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Raisa will potentially obtain employment for 364 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

48,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail 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

B

Financial
Profile i

B

Co-curated and referred by our Impact Partner

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

0 more to go -416 days remaining

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