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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Sonu Devi

#spirited#determined
Invest in Sonu's buffalo purchase to lead her on the path of entrepreneurship

Agripreneur

Ajmer, Rajasthan

48,000 has been disbursed

364 potential days of livelihood i

26,666.64 is the current outstanding balance

100 0 0 21333 0 0

100%

0%

0%


About Sonu Devi

Hailing from Ajmer, Rajasthan is mumpreneur, Sonu Devi. She is a mother to two toddlers Tanu and Rajveer. Her husband, Suresh works as a driver to support the family's expenses. Sonu wishes to support the growing needs of her family. She intends on doing this by using the credit to finance the purchase of a buffalo. She will make an income by selling the milk in her village and the local milk corporation. By doing so, Sonu hopes to fuel financial progress for her family as she raises her sons in a financially secure environment. Support enterprising Sonu as she wins for her sons.

My dream is to see my son become a doctor.

About Sonu Devi's livelihood

Sonu is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sonu 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.

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

Loan Details

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

Loan
amount

48,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Co-curated and referred by our Impact Partner

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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