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Suman Swami

#gogetter#persevering
Invest in Suman's restaurant and enable her open another branch soon

Food Entrepreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

22,222.16 is the current outstanding balance

80 0 20 17778 4444 0

80%

20%

0%


Suman Swami is the owner of a small restaurant in Solapur, Maharashtra. She is a hard-working woman who works seven days of the week to make ends meet for her family. Her husband, Rachayya also works in the same sector to support the family. Now, determined Suman is seeking credit to uplift her restaurant. By providing better services at the restaurant, Suman will be able to welcome more customers and serve them with a variety of dishes. She also wants to save up a fund to establish another branch of her restaurant in the near future. Together, Suman and her husband wish to ensure their son Navratna does not fall short on his ambitions because of the lack of funding. Support spirited Suman today.

I dream of expanding my business by establishing one more restaurant.

About Suman Swami's livelihood

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

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food 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

B

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 1,16,15,500

Disbursed

390

Investees

95%

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 -504 days remaining

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