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Shashikala Shashikant

Shelage

logoAgripreneur

logo Solapur, Maharashtra

logo 45,000 has been disbursed

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

b-img b-img b-img

Shashikala Shashikant

Shelage

#strength#breadwinner
Shashikala needs quality seeds and fertilizers to begin the Rabi season.

logoAgripreneur

logo Solapur, Maharashtra

logo 45,000 has been disbursed

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

₹ 2,500 is
the current outstanding balance
94.44 5.56 0 42500 0 2500

94%

0%

6%

Shashikala has been farming her land for over eight years now. She is from Solapur, Maharashtra, and feeds a family of four. Her experiences have taught her many lessons. She is strong and hopeful at the sight of peril. Currently, she is struggling to meet her credit needs. She has to make arrangements for seeds and fertilizers and set up an irrigation unit to begin the new Rabi season. The sowing of seeds at the right time is essential. This loan will help her subsist and meet the expenses of all her requirements. Invest in her will to thrive.

I wish to give a good future for my children.

About Shashikala Shashikant Shelage's livelihood

Shashikala Shashikant is an agripreneur who works 7 hours a day for 6 days a week. With this loan Shashikala Shashikant 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

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

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

2.00%

3.60% APR

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

Loan
amount

₹ 45,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

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

Proceed to Pay

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0