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Shamal

Waghmare

logoBeautypreneur

logo Solapur, Maharashtra

logo 117 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Shamal

Waghmare

#creative#resilient
Shamal is sharing the role of breadwinner by uplifting her salon

logoBeautypreneur

logo Solapur, Maharashtra

logo 117 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 two, Shamal Waghmare currently runs a beauty parlor. She supports her husband Suhas by sharing the role of breadwinner in the family. Shamal now wants to uplift her salon to draw in more customers from around the village. She has chosen to become a responsible borrower, and raise capital to buy furniture and equipment for the salon. This is the first step of many in Shamal’s efforts to launch herself into a successful entrepreneur. She is very enterprising and is already planning for her long term goal, which is to run a jewelry business. Contribute To Shamal’s fund today.

My dream is to see my son become a teacher.

About Shamal Waghmare's livelihood

Shamal is a beautypreneur who works 3 hours a day for 6 days a week. With this loan Shamal will potentially obtain employment for 117 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

Beauty parlour

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