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Surekha Magar

#mumpreneur# dreamer
Unleash the businesswoman in Surekha

Food Entrepreneur

Osmanabad, Maharashtra

35,000 has been disbursed

65 potential days of livelihood i

2,916.63 is the current outstanding balance

91.67 8.33 0 32083 0 2917

92%

0%

8%


Meet Surekha Magar, an empowered superwoman who is steering change. Her ambition is to open a shop to sell her attractive bangles which she now sells at home. With the Rang De loan, Surekha hopes to be able to buy a newer stock of bangles for the next season. Also, the loan will help her buy a worthy asset in the form of a chilly making machine. The money earned from the bangle and chilly powder sales will help her support her two children and her husband who works as a farmer. Fund Surekha today and unleash the businesswoman in her.

My dream is to see my son become a veterinary doctor.

About Surekha Magar's livelihood

Surekha is a food entrepreneur who works 2 hours a day for 5 days a week. With this loan Surekha will potentially obtain employment for 65 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

35,000

Loan
tenure

12 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

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 1,15,70,500

Disbursed

389

Investees

90%

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

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