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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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Sunita Lodhiyal

#hustler#dedicated
Sunita needs quality seeds and fertilizers to begin the Rabi season.

Service Entrepreneur

Nainital, Uttarakhand

50,000 has been disbursed

455 potential days of livelihood i

47,916.66 is the current outstanding balance

50 0 50 2083 2083 0

50%

50%

0%


About Sunita Lodhiyal

Sunita Lodhiyal has been working hard on her farm for over two years. Living with a family of four in Nainital, Uttarakhand, farming has been the main source of revenue to run the household. With the onset of a new season, Sunita needs a fresh supply of seeds, fertilizers, and pesticides. The loan amount will help her add value to her produce and reap a quality harvest by the end of the season. The timely disbursal of the loan amount will ensure her a profitable season. Invest in her as she supports her family.

I wish to expand my agriculture activity.

About Sunita Lodhiyal's livelihood

Sunita is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Sunita will potentially obtain employment for 455 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

4.0%

7.2% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

1.0%

1.8% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

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

No credit history available

 

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
Udhyam housed under Agrani India Foundation

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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