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Shakila Shaikh

#dreamer#artistic
Tailor an investment for Shakila so she can construct her dream home

Retailpreneur

Solapur, Maharashtra

30,000 has been disbursed

273 potential days of livelihood i

7,550 is the current outstanding balance

81.64 0 18.36 22450 5050 0

82%

18%

0%


Shakila Shaikh's newly launched business is looking to gain momentum. The determined mother wants to see her apparel business grow so she can support her family financially. As a first step, Shakila has applied for a loan, which she intends to use to purchase a pico fall machine and a sewing machine. This added machinery will help Shakila save time and increase her output. In addition. Shakila will be able to tailor quality wear to sell in her shop. Her big dream is to construct a house of her own for her family. Join Shakila on her exciting journey of progress today.

I want to build a home for my family.

About Shakila Shaikh's livelihood

Shakila is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Shakila 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 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

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 i

Investee
occupation

Apparel store

i :

B

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

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

A

Financial
Profile i

B

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 1,16,15,500

Disbursed

390

Investees

95%

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 -541 days remaining

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