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Suhana Shaikh

#determined#progressive
Invest in Suhana and fund the revamp of her apparel store

Retailpreneur

Solapur, Maharashtra

30,000 has been disbursed

130 potential days of livelihood i

7,500 is the current outstanding balance

75 16.67 8.33 22500 2500 5000

75%

8%

17%


Solapur resident Suhana Shaikh is ready for a big project. She has chosen to advance in her trade, as she strives to provide for her only daughter, two-year-old Ahana. Suhana has seen opportunity in her apparel business, and is seeking credit to revamp her unit. The funds will be used to purchase a tailoring machine as well as restock on different kinds of materials. With the new machine, she hopes to be able to increase her output and serve more customers. Suhana is determined to grow in her business, and save up to give young Ahana a good quality of life. Invest in Suhana to see this young mother succeed.

My dream is to see my daughter become a teacher.

About Suhana Shaikh's livelihood

Suhana is a retailpreneur who works 4 hours a day for 5 days a week. With this loan Suhana will potentially obtain employment for 130 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

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel store

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

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

Rs 1,15,70,500

Disbursed

389

Investees

91%

Repayments

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

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