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Shanthi

Chandrashekar S

logoFood Entrepreneur

logo Mysuru, Karnataka

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img b-img

Shanthi

Chandrashekar S

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

logoFood Entrepreneur

logo Mysuru, Karnataka

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000 loan is fully repaid

30,000 loan is fully repaid


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 The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% 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 Equated Monthly Instalment

Investee
occupation

Food stall

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Vild Foundation

   
Karnataka
Partner since 2019

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.

Rs 14,35,000

Disbursed

85

Investees

95.0%

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0