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Savita

Korke

Agripreneur

Solapur, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Savita

Korke

#pioneer#committed
Fund Savita's buffalo purchase so she can grow her milk business

Agripreneur

Maharashtra

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Savita

Mumpreneur Savita Korke is looking to expand her milk business. She has been running the business for the last five years and financially supporting her family along with her husband. Now, Savita is seeking credit to make the purchase of a buffalo, a critical investment to grow her business. She currently owns two buffalos and wants to add one more buffalo to increase milk sales to 20 litres per day. She hopes the added sales of milk will help her grow her income and save up to fund her sons’ education, as they aspire to become teachers. Fund Savita's dream business venture today.

About Savita Korke'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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Savita Korke has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

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.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS