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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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Shain Mujawar

#enterprising#industrious
Finance Shain's goat purchases as she strives to expand her meat business

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

31,111.08 is the current outstanding balance

80 0 20 8889 2222 0

80%

20%

0%


About Shain Mujawar

For over a decade, Shain Mujawar has been running a meat business in Solapur, Maharashtra. She now needs to restock her shop, to ensure that she is able to meet the demand in her community. Shain intends to use the credit to buy six goats and increase sales in her shop. She hopes to have a profitable season and to be able to put aside some amount of funds in savings. She has a dream of owning her own shop in the heart of Solapur, and is working hard towards achieving this goal. Her income supports her husband, Abdul and their son, Ramzan, both of whom work tirelessly to make ends meet for the family. Invest in enterprising Shain today.

My dream to own my very own shop.

About Shain Mujawar's livelihood

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% 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

Meat store

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 1,17,05,500

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 -353 days remaining

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