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Rakhi Rager

#driven#progressive
Invest in Rakhi as she pilots her retail store face-lift to fulfill her dream

Retailpreneur

Ajmer, Rajasthan

48,000 has been disbursed

364 potential days of livelihood i

26,000 is the current outstanding balance

100 0 0 22000 0 0

100%

0%

0%


Young Rakhi Rager has been running a retail store for the past five years. She now wants to give the shop a key upgrade to restock goods to grow her income as she supports her family. She is seeking credit to make purchases of raw material for her shop as well as some furniture to give the shop a much-needed facelift. She hopes the advancements to the store will enable her to save up a fund so she can expand the shop into a massive wholesale shop. In addition, Rakhi's dream is to become a Loco Pilot in the Indian railways. She hopes, the profits from her business venture will enable her to fulfil her dream. Fund Rakhi so she can drive a train of success.

My dream is to become a Loco Pilot in the Indian railways.

About Rakhi Rager's livelihood

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

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

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

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

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

B

Financial
Profile i

A

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

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