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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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Vidhya Patil

#zealous#striving
Fuel growth for Vidhya's poultry business and support her children’s future

Agripreneur

Solapur, Maharashtra

30,000 has been disbursed

195 potential days of livelihood i

17,500 is the current outstanding balance

55.56 11.11 33.33 12500 7500 2500

56%

33%

11%


About Vidhya Patil

Vidhya Patil is an aspiring businesswoman working enthusiastically to provide for her two sons Soham and Saksham. The boys have just been enrolled in school but have already shared their future aspirations with Vidhya. She is determined to ensure her sons do not have to compromise on their dreams because of a lack of funding. She is seeking the assistance of a loan to expand her business by purchasing chicks and a few nets for her poultry farm. She hopes these purchases will help her grow her business and her monthly income as she saves up for the construction of a big house. Invest in the future of Vidhya’s family.

My dream is to construct a house for my family.

About Vidhya Patil's livelihood

Vidhya is an agripreneur who works 5 hours a day for 6 days a week. With this loan Vidhya will potentially obtain employment for 195 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

B

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

A

Financial
Profile i

B

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 -469 days remaining

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