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Vandana Shirashetti

#mumprenuer#ambitious
Vandana needs credit to explore her business interests.

Food Entrepreneur

Solapur, Maharashtra

45,000 has been disbursed

273 potential days of livelihood i

32,500 is the current outstanding balance

83.33 0 16.67 12500 2500 0

83%

17%

0%


Vandana lives with a family of six. She owns a business in Solapur, Maharashtra. She is looking to expanding the business. Expanding the business would mean a higher income for the family. She would invest this amount in a Noodle making and Chilli kandap machine. She wishes to start selling her noodles in hotels and other retail stores to expand her source of income. This credit would help in making her dreams come true.

I wish to give my husband a motorcycle.

About Vandana Shirashetti's livelihood

Vandana is a food entrepreneur who works 7 hours a day for 6 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

45,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food 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

B

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 -167 days remaining

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