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Rekha

Paul

logoRetailpreneur

logo Solapur, Maharashtra

logo 273 livelihood days i

b-img b-img b-img b-img

Rekha

Paul

#pioneer#ambitious
Enable Rekha restock her apparel store and grow her business

logoRetailpreneur

logo Solapur, Maharashtra

logo 273 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


Rekha Paul is the owner of an apparel store in her village in Solapur Maharashtra. Her income supports her husband, Shashikanth a van driver and their two children Prachiti and Sachin. Rekha's dream is to construct an RCC house for her family and she hopes to fulfil her dream by growing her monthly income. She is seeking credit to restock the cloth and fabric at her store to grow her sales. By doing so, she hopes to also set aside a fund from the revenue made in the apparel store to purchase a plot of land where she can start farming to supplement her current income. She hopes her business ventures will enable her to pioneer change for her family as she strives to better the quality of life for them. Support ambitious Rekha today.

My dream is to build an RCC house for my children.

About Rekha Paul's livelihood

Rekha is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Rekha will potentially obtain employment for 273 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

35,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

B

Sakhi Samudaya Kosh

   view website
Maharashtra
Partner since 2019

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rs 1,15,25,500

Disbursed

388

Investees

95.0%

Repayments

Customized loan products with affordable interest rates and long repayment tenures help the women entrepreneurs in our community to reinvest their income and expand their business turnover.

- Amar Shrimal, Chief Operations Officer, SSK
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0