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Vijay

Sahadev Kadam

Service Entrepreneur

Raigarh, Maharashtra

3,00,000 has been disbursed

500 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Vijay

Sahadev Kadam

#hardworker#achiever
Vijay requires a loan to upgrade his hand-pulled rickshaw to an eco-friendly e-rickshaw.

Service Entrepreneur

Maharashtra

3,00,000 has been disbursed

500 potential days of livelihood

300,000 is
the current outstanding balance


About Vijay

Vijay, a Matheran resident for nearly ten years, has tirelessly operated a hand-pulled rickshaw to support his family of four. He now aims to acquire an e-rickshaw through a loan, reducing the physical toll of navigating the hill station's rugged terrain. The e-rickshaw will provide convenient transportation while minimizing environmental impact. This transition will allow Vijay to adapt his business, improve his livelihood, and contribute to Matheran's sustainable tourism efforts. Note- Rang De has partnered with TISSER to facilitate e-rickshaw loans in Matheran.

About Vijay Sahadev Kadam's livelihood

Vijay is a service entrepreneur who works 11 hours a day for 7 days a week. With this loan Vijay will potentially obtain employment for 500 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Vijay Sahadev Kadam has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

2.00%

3.60% APR

Loan Details

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

Loan
amount

3,00,000

Loan
tenure

30 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Transport services

Investee Credit Rating:
Weak

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

Tisser
   view website
Partner logo

Established in

2016

With Rang De from

2024

Founded by

Dr. Megha Phansalkar

The word ‘Tisser’ means to ‘weave.’ A word holding immense value given that India is one of the only countries in the world to preserve its style of fashion handwriting still. Moreover, the Indian handloom and crafts industries, built and developed by their rural artisans, still provide a livelihood for many, with 60% of global looming artisans present in India. Evidenced by its success, Tisser India aims to generate support to provide sustainable livelihoods, income- opportunities, and access to professional rural craftspersons in India. Through its professional training, innovative models, and technological solutions, Tisser has forged a diverse market for both the modern consumer and the rural artisan. Tisser has a network of more than 10,000 artisans, groups, and SHGsacross South Asia. Working in more than 200 art forms, Tisser generates livelihoods for 100+ rural clusters in 18 states of India with more than 1,0000 products made using traditional and cultural art forms.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS