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Shobha

Sangappa Rokade

Retailpreneur

Solapur, Maharashtra

273 livelihood days

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

Shobha

Sangappa Rokade

#leader#resilient
Shobha wants to build her apparel store business with this credit.

Retailpreneur

Maharashtra

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shobha

Shobha is an apparel store owner from Solapur, Maharashtra. She has had seven years of experience in this business and is now looking to expand her business. She intends to use this opportunity to gain a stronger market presence by expanding her collection and renovating the store to attract more customers. She will use this credit to avail better raw materials and machines. She dreams of opening a tailor shop in the centre of the her village. These are stepping stones to fulfilling her dreams of spreading the brand across her state.

About Shobha Sangappa Rokade's livelihood

Shobha is a retailpreneur who works 7 hours a day for 6 days a week. With this loan Shobha will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Shobha Sangappa Rokade has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% 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

Apparel store

Investee Credit Rating:
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

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS