false
false 0 0 SNCFQKeEk8

Kanchan

Bake

Retailpreneur

Solapur, Maharashtra

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4 Borrower Image 5

Kanchan

Bake

#industrious#diligent
Fund industrious Kanchan so she can stock up her retail store to draw more customers

Retailpreneur

Maharashtra

546 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Kanchan

Mum of two, Kanchan Bake is an industrious woman. She has been running her retail store for the past six years working seven days a week for 12 hours each day. Now Kanchan wants to grow her business and this means stocking up her retail store with more items to increase her sales. She is looking to share the breadwinner role with her husband Gurupad who works in a sugar factory. Kanchan is also a responsible borrower having previously taken a loan and made repayments well in time. She is seeking credit once again to be able to run a full-fledged business independently. Support hardworking Kanchan today.

About Kanchan Bake's livelihood

Kanchan is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Kanchan will potentially obtain employment for 546 days.

Interest Rate

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

30,000

Loan
tenure

12 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