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Suvarna

Gosavi

logoCreative Entrepreneur

logo Solapur, Maharashtra

logo 35,000 has been disbursed

logo 273 livelihood days i

b-img b-img b-img b-img

Suvarna

Gosavi

#skilled#creative
Invest in Suvarna, a skilled weaver winning for her five daughters

logoCreative Entrepreneur

logo Solapur, Maharashtra

logo 35,000 has been disbursed

logo 273 potential days of livelihood i

3,888.8 is
the current outstanding balance

88.89 11.11 0 31111 0 3889

89%

0%

11%


Suvarna Gosavi is a household name in her village. She is known to work relentlessly to support her five daughters so each of them is well educated. Her oldest daughter Bhuvaneshwari is only eight years old while the youngest among the five, Ishwari, is only eighteen months. A skilled weaver, Suvarna is determined to provide for her five daughters. Her husband Bhagavan also makes an income out of belt making using the 'shilai machine'. Now, Suvarana is seeking credit to buy rolls of thread for weaving. She hopes that by growing her income, she will soon be able to buy an additional weaving machine. Furthermore, she hopes to save enough money to ensure that she can get all five of her daughters happily married. Support dexterous Suvarna today as she wins for her family.

My dream is to educate all five of my daughters.

About Suvarna Gosavi's livelihood

Suvarna is a creative entrepreneur who works 6 hours a day for 7 days a week. With this loan Suvarna 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 i

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

35,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Handicrafts

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

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

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

95.0%

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