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Shamal

Waghmare

Beautypreneur

Solapur, Maharashtra

117 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shamal

Waghmare

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

Beautypreneur

Maharashtra

117 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shamal

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Shamal Waghmare has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Investee
occupation

Beauty parlour

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

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.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS