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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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Surekha Vanakar

#pioneer# committed
Contribute towards Surekha's important business decision

Agripreneur

Solapur, Maharashtra

25,000 has been disbursed

162 potential days of livelihood i

6,249.94 is the current outstanding balance

90 0 10 18750 2083 0

90%

10%

0%


About Surekha Vanakar

Entrepreneur Surekha is living her most exciting days. She has made a very important financial decision to raise capital for her animal husbandry business. Contrary to many women in her village, Surekha's decision comes in the wake of her entrepreneurial ambitions as she hopes to blossom into a successful businesswoman. With the loan, Surekha is hoping to purchase a goat as well as some goat fodder so that she can help support her husband and son who work as farmers. Invest in Surekha today to let the entrepreneur in her blossom.

My dream is to run a full fledged business.

About Surekha Vanakar's livelihood

Surekha is an agripreneur who works 5 hours a day for 5 days a week. With this loan Surekha will potentially obtain employment for 162 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

25,000

Loan
tenure

12 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

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 1,17,05,500

Disbursed

393

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 -490 days remaining

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