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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

29,166.65 is the current outstanding balance

23.08 53.85 23.08 5833 5833 13611

23%

23%

54%


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.

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

The following section provides a detailed view of the investee loan requirement.

Loan
amount

35,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel store

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

A

Financial
Profile i

A

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 1,15,70,500

Disbursed

389

Investees

89%

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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