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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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Reshma Sathe

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

Agripreneur

Solapur, Maharashtra

30,000 has been disbursed

182 potential days of livelihood i

10,000 is the current outstanding balance

88.89 0 11.11 20000 2500 0

89%

11%

0%


About Reshma Sathe

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.

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

30,000

Loan
tenure

12 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

A

Financial
Profile i

A

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

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

Rs 1,15,52,500

Disbursed

393

Investees

100%

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

0 more to go -464 days remaining

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