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Shamal Waghmare

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

Beautypreneur

Solapur, Maharashtra

30,000 has been disbursed

117 potential days of livelihood i

7,500 is the current outstanding balance

75 8.33 16.67 22500 5000 2500

75%

17%

8%


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 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

Beauty parlour

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

94%

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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