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Kavita

Pawar

Food Entrepreneur

Solapur, Maharashtra

234 livelihood days

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

Kavita

Pawar

#enthusiastic#resolute
Join Kavita as she rapidly scales up her food business to serve 500 customers

Food Entrepreneur

Maharashtra

234 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Kavita

Kavita Pawar is a businesswoman whose dream is to become successful at her trade. She currently runs a food business where she supplies 'Rotis', a common staple food in Maharashtra, to big restaurants and Dhabas in her locality. Presently, Kavita supplies the 'Rotis' to 200 customers but she wants to scale up her business to serve up to 500 customers. She has thus applied for a loan to buy a bulk of wheat which she will process into flour to make the 'Rotis'. By serving more customers, Kavita will be able to greatly increase her monthly income and save a fund which she can use again to make financial progress. Invest in Kavita today to see her become a successful businesswoman.

About Kavita Pawar 's livelihood

Kavita is a food entrepreneur who works 6 hours a day for 6 days a week. With this loan Kavita will potentially obtain employment for 234 days.

Interest Rate

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

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food 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