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Shamli Mule

#self-starter#spirited
Mumpreneur Shamli wants to uplift her small business to grow her income

Beautypreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

13,333.24 is the current outstanding balance

100 0 0 26667 0 0

100%

0%

0%


Shamli Mule is a young mother and businesswoman. She is determined to grow her two-year-old business into a full-fledged beauty parlour to provide her family with a secure income in the wake of uncertainties in the farming sector. Shamli is seeking credit to finance the purchase of make-up and jewellery for her parlour. By equipping her parlour, she hopes to welcome many more customers enabling her to grow her income. In addition, Shamli also runs a small retail store and is looking to purchase stationary items to stock up the store. Her dream is to see her son become a farmer, so he too can support his parents when he grows up. Join Shamli on her entrepreneurial journey today.

My dream is to see my son become a farmer.

About Shamli Mule's livelihood

Shamli is a beautypreneur who works 6 hours a day for 7 days a week. With this loan Shamli 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

40,000

Loan
tenure

18 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

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 1,15,70,500

Disbursed

389

Investees

91%

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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