Saraswati Doke

#determined#zealous
Weave an investment for Saraswati as she dreams of becoming a designer

Retailpreneur

Solapur, Maharashtra

35,000 has been disbursed

273 potential days of livelihood i

31,111.1 is the current outstanding balance

100 0 0 3889 0 0

100%

0%

0%


About Saraswati Doke

Saraswati Doke is in need of a new tailoring machine. She's been running an apparel business for the last two years and supporting her son and her husband, who works as a farmer. Saraswati dreams of becoming a good designer in the future and hopes that by investing in a new sewing machine, she will be able to work on her skills as she serves more customers. The new machine will also help her boost her productivity, and increase her output from the store. Saraswati is also on a mission to purchase a farm and supplement her current livelihood, and she hopes to save a fund to take this step. Fund Saraswati as she crafts a bright future.

I dream of becoming a good designer.

About Saraswati Doke's livelihood

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

35,000

Loan
tenure

18 months

Previous
loans

0

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

No credit history available

 

Rang De confidence score

 i


B


×

Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Co-curated and referred by our Impact Partner
Sakhi Samudaya Kosh

Established in

2006

With Rang De from

2019

Founded by

Prema Gopalan

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.

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