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Sushma

Shinde

Retailpreneur

Solapur, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Sushma

Shinde

#hardworking#diligent
Support Sushma upgrade her tailoring business as she aspires to run her own store

Retailpreneur

Maharashtra

273 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Sushma

Diligent and creative are the words that best describe Sushma Shinde, a resident of Solapur. She is a mother to six-year-old Sneha and ten month old Shourya. Her husband, Shankar Shinde is a graduate who works as a farmer to support his family. For five years, Sushma’s hard work and resilience has enabled her to establish a small tailoring business where she also sells sarees. She now wants to sell the sarees on a larger scale by opening up a store in her village. She hopes to make the first step in this direction by growing her business through the purchase of new fabric, cloth and a brand new Pico Fall machine for her tailoring. In the longer run, Sushma wants to also fund her older daughter, Sneha's medical course as well. Invest in ambitious Sushma today.

About Sushma Shinde's livelihood

Sushma is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Sushma will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sushma Shinde has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Investee
occupation

Apparel store

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

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.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS