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Shahida

Mulani

logoRetailpreneur

logo Solapur, Maharashtra

logo 156 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Shahida

Mulani

#pioneer#spirited
Shahida Mulani is weaving herself a bright and vibrant business

logoRetailpreneur

logo Solapur, Maharashtra

logo 156 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000 loan is fully repaid

30,000 loan is fully repaid


Mother of three, Shahida Mulani has a vibrant dream. She wants to start a sari business to sell the six yards of elegance to her neighbors in Solapur. Shahida is seeking credit in order to launch this exciting project. This big step is also making her financially literate, and increasing her familiarity with digital transactions. The funds will be used to buy a pico fall machine and it's motor, integral equipment for her sari business. Finance Shahida’s tailoring venture as it propels towards success.

I dream of expanding my sari business.

About Shahida Mulani's livelihood

Shahida is a retailpreneur who works 4 hours a day for 6 days a week. With this loan Shahida will potentially obtain employment for 156 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

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

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

0.00%

0.00% APR

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Apparel store

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

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0