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Vijaya

Mule

logoRetailpreneur

logo Osmanabad, Maharashtra

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Vijaya

Mule

#mumpreneur# spirited
Contribute to help Vijaya purchase a flour mill machine

logoRetailpreneur

logo Osmanabad, Maharashtra

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000 loan is fully repaid

30,000 loan is fully repaid


Hailing from Osmanabad is mumpreneur Vijaya Mule. She currently runs a retail store selling grocery items in the village. But in order to make ends meet, she now wants to expand the business and reduce her dependency on other flour mills. The purchase of a flour mill machine will be of great value allowing her to also increase the production of flour and hence increase the potential sales at the store. With the dream of one day running her own flour mill, funding Vijaya’s first big step will bring her closer to achieving her dream.

I want to one day run my own flour mill.

About Vijaya Mule's livelihood

Vijaya is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Vijaya will potentially obtain employment for 364 days.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

5.00%

9.00% APR

Impact
Partner The rate of return an impact partner makes

up to 5.00%

9.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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 Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Sakhi Samudaya Kosh

   view website
Maharashtra
Partner since 2019

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.

Rs 1,15,25,500

Disbursed

388

Investees

94.0%

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
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0