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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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Sadhanabai Swami

#believer#hustler
Sadhanabai is stabilising her family’s income with a vegetable cultivation.

Agripreneur

solapur, Maharashtra

30,000 has been disbursed

273 potential days of livelihood i

17,500 is the current outstanding balance

71.43 0 28.57 12500 5000 0

71%

29%

0%


About Sadhanabai Swami

Sadhnabhai toils hard to bring food to the table. The uncertain income from farming, the sole source of her family’s income often lands them in jeopardy. While her spouse and son are practised farmers, they fall prey to the consequences of unpredictable climate change in the region. To meet her family’s needs, Sadhnabhai plans to grow vegetables and sell them in the local market. She has selected vegetables that can be harvested in short cycles, helping boost the family’s income. Having practiced farming for six years herself, she surely knows the dos and don'ts of the business. She is also working towards investing in a tractor to boost productivity on their land. Invest in her skill of cultivating and watch her prosper.

I hope to soon purchase a tractor for my husband.

About Sadhanabai Swami's livelihood

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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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

Farming

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 1,17,05,500

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 -328 days remaining

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