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Shanthi Chandrashekar S

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

Food Entrepreneur

Mysuru, Karnataka

30,000 has been disbursed

364 potential days of livelihood i

11,666.63 is the current outstanding balance

73.33 6.67 20 18333 5000 1667

73%

20%

7%


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.

I want to provide quality education for my child.

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.

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

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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

A

Financial
Profile i

A

VILD Foundation

Karnataka
Partner since 2019

About

VILD Foundation has been working to improve the socio-economic status of communities through formation and promotion of SHGs, microcredit and facilitating income generation activities. Presently they facilitate around 311 SHGs covering 90 villages & 6 towns in Mysore district.

Impact Narrative

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

Rs 14,35,000

Disbursed

85

Investees

96%

Repayments

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

- N Mahadevswamy, Senior Manager, VILD

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