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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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Ratani Devi

#dreamer#visionary
Contribute to Ratani's buffalo purchase as she dreams of a new truck

Agripreneur

Ajmer, Rajasthan

₹ 50,000 has been disbursed

409 potential days of livelihood i

₹ 29,166.6 is the current outstanding balance

100 0 0 20833 0 0

100%

0%

0%

About Ratani Devi

Ratani Devi is a resident of Ajmer in Rajasthan. She lives with her husband Chandra who works as a farmer and her two sons, Megraj and Neraj. Her younger son, Megraj is still in school. Now, Ratani is seeking credit to buy a buffalo so she can grow her income and add to savings funds. She hopes to sell the milk to her neighbours or to the milk corporation. Ratani intends to use the funds she raises to buy a truck for her son so he can provide transportation facilities as well. She also hopes she will be able to set aside some funds to make her animal husbandry business even bigger. Contribute to see Ratani soar.

I dream of buying my son a new truck.

About Ratani Devi's livelihood

Ratani is an agripreneur who works 9 hours a day for 7 days a week. With this loan Ratani will potentially obtain employment for 409 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

₹ 50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

Know more
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

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