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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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Rajeshwari Sathish chandra

#ambitious# enthusiastic
Fund Rajeshwari's mission to have a fruitful harvest this season

Agripreneur

Mysuru, Karnataka

30,000 has been disbursed

364 potential days of livelihood i

18,333.31 is the current outstanding balance

70 0 30 11667 5000 0

70%

30%

0%


About Rajeshwari Sathish chandra

Rajeshwari Sathish Chandra isn’t just any ordinary woman. She’s turning into a true pioneer of entrepreneurship in her village in Karnataka and taking matters into her own hands. Her mission is to ensure this year’s harvest is fruitful by investing in seeds, fertilizers, and labour. Her hopes are that the profit made from the harvest will help her save up for the construction of a new house for her family, as she prepares for her son’s marriage. Sow the seeds of success for Rajeshwari today.

I dream of constructing a new home for my family.

About Rajeshwari Sathish chandra's livelihood

Rajeshwari is an agripreneur who works 8 hours a day for 7 days a week. With this loan Rajeshwari 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

30,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Co-curated and referred by our Impact Partner

VILD Foundation

Karnataka
Partner since 2019

About

VILD Foundation has been working to improve the socio-economic status of communities through formation and promotion of SHGs, microcredit and facilitating income generation activities. Presently they facilitate around 311 SHGs covering 90 villages & 6 towns in Mysore district.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rs 14,35,000

Disbursed

85

Investees

99%

Repayments

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD

0 more to go -497 days remaining

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