false
false 0 0 3wfKuHn21s

Sandeep Bhimraj

Nannavre

logoDomestic Worker

logo Ahmednagar, Maharashtra

logo 90,000 has been disbursed Tranche : 0

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

Sandeep Bhimraj

Nannavre

#determined#dedicated
Support Sandeep build his dream house and lead a quality life.

logoDomestic Worker

logo Ahmednagar, Maharashtra

logo 90,000 has been disbursed Tranche : 0

65,000 is
the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


Sandeep is a resident of Ahmednagar, Maharashtra. He has been working hard in his hardware for over four years. He works six days a week for almost 12 hours each day. After saving up for years, Sandeep is now seeking credit as an additional support for him to construct a new house as he intends to settle down and become financially stable. The loan will be used to manage the construction costs of the house. Invest in Sandeep to enable him bring his dream to life.

I wish to buy a four-wheeler.
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

90,000

Loan
tenure

36 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