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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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Sangita Sutar

#Mumpreneur# Ambitious
Sangita's style is taking over Solapur

Retailpreneur

Solapur, Maharashtra

30,000 has been disbursed

273 potential days of livelihood i

5,000 is the current outstanding balance

90.91 0 9.09 25000 2500 0

91%

9%

0%


About Sangita Sutar

Sangita Sutur's apparel store is a popular store in Solapur. Hence it came as no surprise when the mother of two decided to up her game by uplifting her store and adding a wider collection. She also has five years of experience running the store and now, with the loan, she'll be able to buy more sarees, blouse material, and new furniture to make the store flourish. She’s a hardworking mother, a wife and now a businesswoman. Her hopes of becoming a great entrepreneur and supporting her husband make investing in her truly worth it.

I want to become a great businesswoman.

About Sangita Sutar's livelihood

Sangita is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Sangita 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

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

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