Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.
Service Entrepreneur
Beed, Maharashtra
₹ 25,000 has been disbursed
364 potential days of livelihood i
₹ 23,611.11 is the current outstanding balance
100%
0%
0%
Savita Kantule lives in Beed, Maharashtra where she is an entrepreneur. She receives income from running a small apparel store. She is looking to expand this business by purchasing an extra sewing machine so that she can enhance her livelihood. She wishes to train and employ a few more women to enhance her livelihood. Invest in Savita so that she can expand her business.
I wish to give a good future for my children.
Savita is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Savita will potentially obtain employment for 364 days.
Investee
pays i
10.0% flat p.a.
18.0% APR
Social
Investor i
4.0%
7.2% APR
Impact
Partner i
up to 4.0%
7.2% APR
Platform
charges i
2.0%
3.6% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 25,000
Loan
tenure
18 months
Moratorium
None
Repayment
mode
EMI i
Investee
occupation
Others
Established in
2008
With Rang De from
2020
Founded by
Manisha Ghule
Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.
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