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Shanthi

Chandrashekar S

Food Entrepreneur

Mysuru, Karnataka

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4 Borrower Image 5

Shanthi

Chandrashekar S

#mumpreneur# creative
Invest in Shanthi’s rejuvenating chai stall

Food Entrepreneur

Karnataka

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shanthi

Hearty snacks and soothing cups of chai makes Shanthi Chandrashekar's food stall. She's been in the business for six years working tirelessly for seven days each week. What's even more terrific is how she juggles motherhood, running the household and the business all at once. Now, Shanthi’s entrepreneurial ambitions have her at her feet. She isn’t letting funding stop her from widening the prospects of her food stall. With the loan, she hopes to buy a gas cylinder, a bigger stove as well as ingredients like sugar. Invest to see Shanthi climb the ladder of success today.

About Shanthi Chandrashekar S's livelihood

Shanthi is a food entrepreneur who works 8 hours a day for 7 days a week. With this loan Shanthi will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Shanthi Chandrashekar S 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

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

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

Vild Foundation

   
Karnataka
Partner since 2019
Partner logo

About

VILD Foundation, along with its sister organisation Swami Vivekananda Youth Movement, has been working in various sectors of community development for the past 6 years. Formation and promotion of SHGs, microfinance and income generation activities have been part of their interventions for improving the socio-economic status of the communities. Presently they are operational in Mysore district, facilitating around 311 SHGs covering 90 villages & 6 towns. VILD has been working as a business correspondent for Nabfins since March -2015 & has been working with RangDe as a Impact partner since 2013.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rupees Icon

Rs 14,35,000

Disbursed
User circle icon

85

Investees
Repayment icon

95.0%

Repayments
Left quotes

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS