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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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Sangeeta Koli

#mumpreneur# gogetter
Finance the expansion of Sangeeta’s meat business

Agripreneur

Solapur, Maharashtra

25,000 has been disbursed

182 potential days of livelihood i

8,333.28 is the current outstanding balance

88.89 0 11.11 16667 2083 0

89%

11%

0%


About Sangeeta Koli

Sangeeta Koli's business is always a buzz. The mother of three is a household name in Honsal and the growing demand for meat and fish products has meant Sangeeta has had to think of expanding her business. She now wants to buy three fishing nets to start a fishing operation, and also wants to make purchases of fish from other nearby villages to sell in her shop. The Rang De loan will help her make these investments and ensure her customers keep coming to the shop. Fund this important venture to help Sangeet support her family and community.

My dream is to build a concrete house for my family.

About Sangeeta Koli's livelihood

Sangeeta is an agripreneur who works 4 hours a day for 7 days a week. With this loan Sangeeta 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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Meat store

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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

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

389

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 -492 days remaining

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