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Jayashri

Chougule

Retailpreneur

Solapur, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Jayashri

Chougule

#humble#persevering
Fund Jayashri's refrigerator purchase so she can grow her retail business

Retailpreneur

Maharashtra

273 potential days of livelihood

45,000 loan is fully repaid

45,000 loan is fully repaid


About Jayashri

For any retail business owner, a refrigerator is a must-have but for Jayashri Chougule, this has been a long-awaited purchase. She is a mother to 17-year-old Ganesh and 15-year-old Durgeshwari and runs a five-year-old retail business opening it to customers seven days a week. Her husband, Gopichand works as a farmer to also support the family. Now, with the availability of credit, Jayashri has decided to finally buy a refrigerator. The purchase will enable her to store dairy products so she can offer more products at her store. She hopes to be able to grow her income for the sales so she can further support her family. She intends to save up a fund to buy a plot of farming land as she dreams of seeing her son become a farmer. Join hands with humble Jayshri as she advances for her family.

About Jayashri Chougule's livelihood

Jayashri is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Jayashri will potentially obtain employment for 273 days.

Interest Rate

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

45,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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