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Reshma

Sayyad

logoFood Entrepreneur

logo Solapur, Maharashtra

logo 195 livelihood days i

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

Reshma

Sayyad

#pioneer#committed
Reshma is popping a surprise for the customers of her food stall

logoFood Entrepreneur

logo Solapur, Maharashtra

logo 195 potential days of livelihood i

30,000 loan is fully repaid

30,000 loan is fully repaid


Mother, wife and entrepreneur, Reshma Sayyad is popping a surprise for the customers of her food stall. She has decided to add popcorn to her menu, a quick snack that she thinks will delight her existing customers, and attract new ones. With this loan, she will be able to purchase a popcorn popping machine, sealing machine and packaging material. She hopes that this appealing addition to her food stall will help her increase her revenue and in the long run, and help her save up for the higher education of her eight-year-old son Momin, who dreams of becoming a police officer.

My dream is to see my son grow up to become a police officer.

About Reshma Sayyad's livelihood

Reshma is a food entrepreneur who works 5 hours a day for 6 days a week. With this loan Reshma will potentially obtain employment for 195 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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