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Vanita Khandagale

#enterprising#passionate
Help Vanita purchase noodle making and chilli grinding machines

Food Entrepreneur

Solapur, Maharashtra

35,000 has been disbursed

273 potential days of livelihood i

14,583.31 is the current outstanding balance

70 0 30 20417 8750 0

70%

30%

0%


Mumpreneur Vanita Khandagale runs a food store in Solapur, Maharashtra. Her income supports her small family enabling her to make ends meet for her husband and two young daughters. Now, Vanita is seeking credit to make a key upgrade to her store. She wants to buy a noodle-making machine so she can cut down on her costs by making noodles in the store. In addition, she also wants to purchase a chilli grinding machine for the same reason - to make chilli powder herself and run a more self-sustained business. Vanita hopes that the income from her business will enable her to finance her children's education so they grow up to become well-educated professionals. Join hands with enterprising Vanita as she wins for her daughters.

I dream of providing my daughters with a good education.

About Vanita Khandagale's livelihood

Vanita is a food entrepreneur who works 6 hours a day for 7 days a week. With this loan Vanita 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

35,000

Loan
tenure

12 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

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 -504 days remaining

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