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Sonali

Delip Ballal

Proud Parents

Pune, Maharashtra

300 days of education

Borrower Image 1 Borrower Image 2

Sonali

Delip Ballal

#courageous#believer
Support Sonali's son's education by investing in her.

Proud Parents

Maharashtra

300 days of education

18,000 loan is fully repaid

18,000 loan is fully repaid


About Sonali

Sonali is a confident and hardworking woman who dreams of a bright future for her family. She lives in Pune with her family of four members. She has been working in a retail store for the last thirteen years. Sonali wishes to avail a loan from Rang De to fund her son's education. She knows that education will help provide better opportunities for the family. Support Sonali's dream and invest in her son's school fees.

Interest Rate

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

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

18,000

Loan
tenure

10 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Student

Investee Credit Rating:
Adequate

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

iTeach Schools
   
Partner logo

Established in

2015

With Rang De from

2021

Founded by

Soumya Jain

iTeach Schools are on a mission to create a community of transformational schools for the most-under-resourced children in Pune. When a student in our feeder Government schools finishes Grade 7, s/he takes admission for Grades 8- 10 with us, with no selection bias. Our Student Alumni Wing then supports these students to complete college, and start off with sustainable employment. Since 2015, iTeach Schools have expanded to 9 schools and are serving 2000 students and 1300 alumni, with a team of 170 full-time staff members.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS