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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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Dimpal Swami

#revolutionizing#supportive
Fund young Dimpal to enable her to cultivate more vegetables on her farm

Agripreneur

Solapur, Maharashtra

25,000 has been disbursed

273 potential days of livelihood i

14,583.3 is the current outstanding balance

71.43 0 28.57 10417 4167 0

71%

29%

0%


About Dimpal Swami

Dimpal Swami is a resident of Solapur, Maharashtra. For five years now, she and her husband have been farming to make ends meet. Dimpal is working towards a bountiful harvest this year, one that will enable her to grow her monthly income. She wishes to cultivate a wider variety of vegetables on her farm to grow as she supports her family. She hopes to sell some of these vegetables in bulk to the local markets to make enough revenue to support the growing needs of her family. She also intends on using part of the fund to purchase a tractor that her husband can use to maximize the output on their farm. Join hands with Dimpal to succeed

My dream is to cultivate a wide variety of vegetables on my farm.

About Dimpal Swami's livelihood

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

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

Farming

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

A

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


A


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

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 -338 days remaining

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