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Savita Balu Yadav

#ambitious#determined
Savita Balu needs support to construct her dream house.

Agripreneur

Ahmadnagar, Maharashtra

90,000 has been disbursed Tranche : 0

87,500 is the current outstanding balance

100 0 0 2500 0 0

100%

0%

0%


Savita Balu is a successful farmer, apart from being a dedicated mother. She is the sole breadwinner of her family and dreams of having a house of her own. This credit would help her achieve it. She will utilize the loan amount to meet construction expenses and other expenses like painting and fixings. Invest in Savita Balu as she single-handedly provides for her family!

I want to see my children well settled in life.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

5.5% flat p.a.

9.9% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.5%

2.7% APR

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

Loan
amount

90,000

Loan
tenure

36 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Snehalaya

Maharashtra
Partner since 2020

About

Snehalaya provides rescue, rights and rehabilitative services to communities who have been deprived of their fundamental rights. They are now working with Community Design Agency (Curry Stone Design Collaborative) on a redevelopment program for the slum of Sanjaynagar in Ahmednagar.

Impact Narrative

This partnership will enable 298 families of Sanjaynagar in Ahmednagar to become proud owners of their dream homes.

Rs 18,65,000

Disbursed

22

Investees

100%

Repayments

At a time when most banks and micro-finance institutions turned the residents of Sanjaynagar away, our partnership with Rang De has enabled us to introduce our community members to formal sources of credit for the first time.

- Hanif Shaikh, Assistant Director- Education, Snehalaya

0 more to go -36 days remaining

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