false 0 0

Vandana Gurav

#spirited#tireless
Tailor a fund for Vandana as she expands her apparel business

Retailpreneur

Solapur, Maharashtra

50,000 has been disbursed

273 potential days of livelihood i

30,555.54 is the current outstanding balance

70 0 30 19444 8333 0

70%

30%

0%


Mumpreneur Vandana Gurav currently runs an apparel business that employs two other tailors. She has been working tirelessly running the business seven days a week to make ends meet for her family. Her husband, Prakash, works as a clerk. Now, determined Vandana wants to grow her business. She has decided to use credit to buy a tailoring machine and a pico fall machine to increase her daily output. She hopes to be able to reinvest her revenue back into the business and open up a second store soon. Furthermore, Vandana wants to support her son's dreams of becoming a cricket player. She hopes that her success as an entrepreneur will give her the financial resources needed to make his dream come true. Support Vandana today.

I dream of seeing my son become a cricket player.

About Vandana Gurav's livelihood

Vandana is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Vandana 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

10.0% 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

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

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 1,16,15,500

Disbursed

390

Investees

95%

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 -506 days remaining

added to cart