1
#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

false 0 0

Shamshiya A

#resilient#determined
Supermum Shamshiya plans to expand her home and her income

Domestic Worker

Bangalore, Karnataka

50,000 has been disbursed

35,416.62 is the current outstanding balance

100 0 0 14583 0 0

100%

0%

0%


About Shamshiya A

Shamshiya is an everyday superhero, zipping from home to home in South Bangalore, making hot Rotis, washing dishes, sweeping floors. She is a mother to three girls - Wasia, Misbah and Mehek, who she has raised single-handedly, without support from her husband who is an alcoholic. As the sole breadwinner in her family, she is on her toes all day long, taking care of chores in at least four homes besides her own. She owns a small home in Adugodi, Bangalore and wants to construct an additional floor on top of this home. She plans to give this floor out on rent to create a passive income stream. She hopes that this bigger two-storeyed home will be a legacy she can leave behind for her daughters. Invest in hard-working Shamshiya and help her create a valuable asset for her family.

I dream of having a bigger home to leave behind for my daughters.
Interest Rate
The interest rate charged is split into returns for the social investor and charges incurred by the platform.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Domestic worker

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

B

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Loan
Profile i

B

Financial
Profile i

B

Referred by Chandni Sawlani
About me

I am a part of the Empathy team at Rang De and have worked here for close to two years. I’m also a co-founder of The Goodwill Tribe, a social initiative on a mission to inspire human connection and compassion. I truly believe that people are inherently kind and compassionate, and wish to do good for others. We just need opportunities, platforms and safe spaces to express our goodwill. Both Rang De and The Goodwill Tribe are exactly that - platforms that empower everyday citizens to step up and create the change they want to see.

Why I am referring Shamshiya A

I’ve known Shamshiya for over five years now. We share what I’ll fondly refer to as a love-hate relationship. She drives me up the wall but in the way only someone who is like family can. She knows my habits, likes, dislikes, and stories, and is just a phone call away when I need a quick recipe. She’s had such a challenging life and I’ve always wanted to do something to support her. Access to interest-free credit is an incredible opportunity for anyone, let alone someone from a financially disadvantaged background. She has never taken a loan before because of the fear of being harassed by local money lenders. Now that she is getting credit from a trusted source, she has the courage to take this leap forward. I’m honoured to have this opportunity to support her. .

0 more to go -407 days remaining

added to cart