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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Shabana Dastgir Sayyad

#breadwinner#hardworking
Shabana wants to upscale her bakery shop.

Food Entrepreneur

Solapur, Maharashtra

40,000 has been disbursed

364 potential days of livelihood i

35,846.66 is the current outstanding balance

93.45 0 6.55 4153 291 0

93%

7%

0%


About Shabana Dastgir Sayyad

Shabana is a bakery owner from Solapur, Maharashtra. She lives with a family of three. Her bakery has been a successful venture and she wishes to expand it. Shabana needs raw materials to make biscuits, toasts, cream rolls, and other homemade snacks. This loan will help her to add more products and establish her bakery as a food stall. Invest in Shabana as she bakes her way to success.

My dream is to enjoy a secure future with my family.

About Shabana Dastgir Sayyad's livelihood

Shabana Dastgir is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Shabana Dastgir will potentially obtain employment for 364 days.

Interest Rate
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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

Loan Details

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 i

Investee
occupation

Food stall

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

A

Co-curated and referred by our Impact Partner

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 1,15,52,500

Disbursed

393

Investees

100%

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

0 more to go -122 days remaining

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