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Bhanubi

Mulani

Agripreneur

Solapur, Maharashtra

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Bhanubi

Mulani

#ambitious#striving
Bhanubi is expanding her milk business to support her son’s aspirations

Agripreneur

Maharashtra

227 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Bhanubi

Bhanubi Mulani has one dream; She wants her son Suraj to become an engineer. In order to make her dream a reality, Bhanubi has made a big decision and has chosen to take a loan. The credit she receives will finance the purchase of a buffalo which is a crucial step towards increasing her family’s income and saving funds to support Suraj’s education. Bhanubi hopes to be able to expand her milk business, so that she can better support her husband, and they can together make ends meet. Contribute towards Bhanubi’s fund to see Suraj become a successful engineer.

About Bhanubi Mulani's livelihood

Bhanubi is an agripreneur who works 5 hours a day for 7 days a week. With this loan Bhanubi will potentially obtain employment for 227 days.

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Investee
occupation

Animal husbandry

Investee Credit Rating:
Very Good

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

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

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.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS