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Sushila

Kengar

logoAgripreneur

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

b-img b-img b-img

Sushila

Kengar

#determined# zealous
Support Sushila buy a buffalo so she can grow her income to build a house

logoAgripreneur

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%


Hailing from Solapur, Maharashtra is mumpreneur Sushila Kengar. Her animal husbandry business is only a year old but determined Sushila is ready to scale it up so she can meet the needs of her family. She is a mother of three sons, fifteen-year-old Rushikesh, thirteen-year-old Rushiraj, and eleven-year-old Pruthviraj, who are all enrolled in school. Sushila plans to use the loan to purchase a buffalo and sell more milk to grow her income. Her bigger plan is to then expand her business by buying ten buffaloes and significantly increase the volume of milk she can sell. With the dreams of building a house for her family, Sushila is ensuring she leaves no stone unturned to improve the quality of life for her family. Invest in Sushila today.

My dream is to build a house for my family.

About Sushila Kengar's livelihood

Sushila is an agripreneur who works 6 hours a day for 7 days a week. With this loan Sushila 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

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

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

0.00%

0.00% 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

Animal husbandry

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