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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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Sultana Mulani

#tireless#gogetter
Support Sultana expand her poultry business to grow her income

Agripreneur

Solapur, Maharashtra

45,000 has been disbursed

273 potential days of livelihood i

25,000 is the current outstanding balance

100 0 0 20000 0 0

100%

0%

0%


About Sultana Mulani

Sultana Mulani from Solapur, Maharshtra is all set to uplift her poultry business. She is seeking credit to make the purchases of chicks to grow her income. She currently sells 100 chicks to the chicken center on an average, but the income from her current sales is insufficient to grow the business further. By adding more chicks to her poultry business, Sultana will be able to grow her monthly revenue to expand her business further. She hopes this big step will also enable her to renovate her house from a tin shed into a concrete building using the funds from her business. In addition, Sultana’s income will support the growing needs of her family, her husband Kayyum, who works as a tailor and her two children who are enrolled in school. Invest in tireless Sultana today.

I dream of growing my poultry business.

About Sultana Mulani's livelihood

Sultana is an agripreneur who works 6 hours a day for 7 days a week. With this loan Sultana 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.

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

45,000

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

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 1,15,52,500

Disbursed

389

Investees

100%

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

0 more to go -385 days remaining

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