false
false 0 0 5XnBMwfQR4

Sainath Ambadas

Atak

logoDomestic Worker

logo Ahmadnagar, Maharashtra

logo 1,00,000 has been disbursed Tranche : 0

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

Sainath Ambadas

Atak

#dedicated#gogetter
Support Sainath as he builds his own house.

logoDomestic Worker

logo Ahmadnagar, Maharashtra

logo 1,00,000 has been disbursed Tranche : 0

39,995.6 is
the current outstanding balance

100 0 0 60004 0 0

100%

0%

0%


Sainath lives in Ahmadnagar, Maharashtra. He owns a small refreshment shop there that earns him a livelihood. Before the pandemic hit world wide, he had dreamt of living in a house of his own but when nature took its course and lockdown was announced, he was left with no safe place to stay. As of today, he is very close to constructing a house of his own. This loan would help him cover the last costs of the construction like painting and fittings. Invest in Sainath today so that he and his family can have a stable roof above their head.

I want to own a car in the future by growing my business.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

5.50% flat p.a.

9.90% APR

Social
Investor i

2.00%

3.60% APR

Impact
Partner i

up to 2.00%

3.60% APR

Platform
charges i

1.50%

2.70% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

1,00,000

Loan
tenure

30 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Domestic worker

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

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

A

Snehalaya

   
Maharashtra
Partner since 2020

About

Snehalaya works towards developing awareness and capabilities of individuals who have been deprived of their fundamental rights, as a result of the inequalities that exist in our society. The agency provides rescue, rights and rehabilitative services to the communities in most need. They are now working with Curry Stone Design Collaborative and Hunnarshala Foundation on a redevelopment program for the slums of Sanjaynagar in Ahmednagar.

Impact Narrative

This partnership will enable 298 families of Sanjaynagar in Ahmednagar to become proud owners of their dream homes.

Rs 25,40,000

Disbursed

27

Investees

100.0%

Repayments

At a time when most banks and micro-finance institutions turned the residents of Sanjaynagar away, our partnership with Rang De has enabled us to introduce our community members to formal sources of credit for the first time.

- Hanif Shaikh, Assistant Director- Education, Snehalaya
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0