false
false 0 0 XVehSRnBGR

Rizavana

Patel

logoRetailpreneur

logo Solapur, Maharashtra

logo 45,000 has been disbursed

logo 273 livelihood days i

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

Rizavana

Patel

#selfless#humble
Fund Rizavana's apparel store expansion as she fuels her son's ambitions

logoRetailpreneur

logo Solapur, Maharashtra

logo 45,000 has been disbursed

logo 273 potential days of livelihood i

5,000 is
the current outstanding balance

88.89 11.11 0 40000 0 5000

89%

0%

11%


Rizavana Patel a single mother, has worked hard to raise her two sons Ajim and Vasim without any support. She runs an apparel business in Solapur to fend for her family. Now, 21-year-old Vasim works in a poultry shop to support his mother and younger brother. Rizwana dreams of launching a small poultry business for Vasim so he can stand on his own feet. Her first step towards this big dream is to expand her apparel store by adding a unit to sell jewellery and fashionable bangles. She hopes these additions will earn her a substantial revenue from which she can set aside a fund to invest in her son. Join hands with selfless Rizavana today.

My dream is to set up a business for my son.

About Rizavana Patel's livelihood

Rizavana is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Rizavana 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

45,000

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

B

Financial Profile i

A

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