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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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Rajnandini Kasbe

#gogetter#ambitious
Rajnandini needs credit to expand her beauty parlor.

Beautypreneur

Beed, Maharashtra

25,000 has been disbursed

364 potential days of livelihood i

23,611.11 is the current outstanding balance

100 0 0 1389 0 0

100%

0%

0%


About Rajnandini Kasbe

Rajnandini is a young entrepreneur and owns a beauty parlor in Beed, Maharashtra. The revenue from this business serves as an income for this family of five. Rajnandini wishes to expand her business and is seeking credit for the same. She is looking to stock up her beauty parlour with cosmetics and other products to serve her customers better. Invest in Rajnandini as she wins for her family.

I wish to open multiple branches of my parlors in the city.

About Rajnandini Kasbe's livelihood

Rajnandini is a beautypreneur who works 8 hours a day for 7 days a week. With this loan Rajnandini 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Beauty parlour

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

No credit history available

 

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
Navchetana Sarvagin Vikas Kendra

Established in

2008

With Rang De from

2020

Founded by

Manisha Ghule

Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.

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