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Vandana

Gurav

Retailpreneur

Solapur, Maharashtra

273 livelihood days

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

Vandana

Gurav

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

Retailpreneur

Maharashtra

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Vandana

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Vandana Gurav 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

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel store

Investee Credit Rating:
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