Dipika runs a stationary store in Mumbai. She has been running her small shop with utmost dedication and has managed to create a loyal customer base. Her shop has grown over time and now needs a wider range of products. Dipika looks forward to being able to meet all her customers’ needs. Invest in Dipika as she strives to become the one-stop-shop for her community’s stationery needs.
The interest rate charged is split into returns for the social investor and charges incurred by the platform.
Investee
pays
6.00% flat p.a.
10.80% APR
Social
Investor
4.00%
7.20% APR
Platform
charges
2.00%
3.60% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 69,700
Loan
tenure
36 months
Moratorium
1 month
Repayment
mode
EMI
Investee
occupation
Retail store
I have been working for 12+ years in the Telecom and E-commerce sector. I have worked at Flipkart, Airtel and am currently working as a senior manager at Jio. I believe in creating opportunities and uplifting those with the potential to grow. Rang De has given me a platform to invest in fellow beings and I am glad to do so..
Dipika is a skilled entrepreneur and an expert retailer. She has been running a small stationary store, and has created a good income for herself over the past few years. Her customers are looking for more products, and Dipika is enthusiastic to fulfill their needs. She needs a loan to expand the range of products available at the store. Receiving a formal loan will also help her build a credit score, which in the longer run will make it easier for her to access institutional credit.
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