false
false 0 0 EYQnfudYGo

Reshma

Sathe

logoAgripreneur

logo Solapur, Maharashtra

logo 182 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Reshma

Sathe

#inspiring#determined
Join Reshma as she scales her poultry business up to the district level

logoAgripreneur

logo Solapur, Maharashtra

logo 182 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000 loan is fully repaid

30,000 loan is fully repaid


Reshma Sathe is seeking growth for her business and working hard towards making it happen. The mother of two has seen opportunity in her poultry business and is hoping to use the credit she receives to make critical purchases. Reshma will utilise the loan to buy enough chicks so that her business can gain a strong foothold as she steers it forward. Her plan is to keep growing the business by drawing in a good number of customers and then save the income she generates to fund the next round of purchases. Her dream is to see her business become a household name at the district level.

My dream is to scale up my poultry business to the district level.

About Reshma Sathe's livelihood

Reshma is an agripreneur who works 4 hours a day for 7 days a week. With this loan Reshma will potentially obtain employment for 182 days.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

Platform
charges The charges, the platform incurs by offering it's services

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 Equated Monthly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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

94.0%

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