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Sangeeta

Koli

Agripreneur

Solapur, Maharashtra

182 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Sangeeta

Koli

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

Agripreneur

Maharashtra

182 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Sangeeta

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.

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. Sangeeta Koli has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% 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

Investee
occupation

Meat store

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

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.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS