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Savita

Karpe

logoAgripreneur

logo Solapur, Maharashtra

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Savita

Karpe

#zealous#enterprising
Invest in Savita’s milk business as she fuels her daughter’s ambitions

logoAgripreneur

logo Solapur, Maharashtra

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

40,000 loan is fully repaid

40,000 loan is fully repaid


Mother of three Savita Karpe has been running her animal husbandry business for the past five years. She works six hours of the day for all seven days of the week, while also caring for her big family of five. Savita is now taking a leap of courage by seeking credit to purchase a buffalo. She hopes that this investment will help her grow her milk sales, and increase her monthly earnings. She sees this as the first step in a larger plan to expand her milk business. Like many mothers, Savita’s dream is to fulfil her children's ambitions. Her oldest daughter, 15-year-old Priyanka is working towards joining the police force and determined Savita is ensuring she leaves no stone unturned to make this possible. Invest in spirited Savita today.

My dream is to see my daughter join the police force.

About Savita Karpe's livelihood

Savita is an agripreneur who works 6 hours a day for 7 days a week. With this loan Savita 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 The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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

Loan
amount

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Sakhi Samudaya Kosh

   view website
Maharashtra
Partner since 2019

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.

Rs 1,15,25,500

Disbursed

388

Investees

94.0%

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0