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false 0 0 CpEaLiP7o5

Sunita

Chidanand Hukkire

logoRetailpreneur

logo Solapur, Maharashtra

logo 40,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Sunita

Chidanand Hukkire

#mumprenuer#passionate
Sunita needs credit to expand her shop.

logoRetailpreneur

logo Solapur, Maharashtra

logo 40,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

2,222.09 is
the current outstanding balance

94.44 5.56 0 37778 0 2222

94%

0%

6%


Sunita Chidanand Hukkire lives in Solapur, Maharashtra where she is an entrepreneur. She receives income from running a small Kirana store. She is looking to expand this business so that she can enhance her livelihood and provide higher quality education to her children. She will use the credit to purchase raw material to restock her kirana store. She dreams of opening several small businesses, such an a flour mill and an eatery in the future. Invest in Sunita so that she can expand her business.

I wish to provide quality education for my children.

About Sunita Chidanand Hukkire's livelihood

Sunita is a retailpreneur who works 7 hours a day for 6 days a week. With this loan Sunita 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 The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% 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 Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Sakhi Samudaya Kosh

   view website
Maharashtra
Partner since 2019

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

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

Rs 1,15,25,500

Disbursed

388

Investees

94.0%

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
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0