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Kavita Kokade

#hardworking#determined
Kavita is tailoring her way to her next goal of setting up a sari centre

Retailpreneur

Solapur, Maharashtra

30,000 has been disbursed

156 potential days of livelihood i

10,000 is the current outstanding balance

66.67 33.33 0 20000 0 10000

67%

0%

33%


Hardworking and determined are the two words that best describe Kavita Kokade. With five years of experience behind her, the mumpreneur has seen opportunity in the tailoring business. She is now ready to take the next steps to improve her tailoring set up. She is seeking credit to purchase two sewing machines and increase the output of her unit. She’s ready to put in the extra work, hoping that she will be able to successfully achieve the growth she believes is possible. She hopes to utilise her increased income to start a sari centre, and in the long term, fulfil her dream of constructing a house for her family. Tailor a fund for hardworking Kavita.

My dream is to construct a house for my family.

About Kavita Kokade's livelihood

Kavita is a retailpreneur who works 4 hours a day for 6 days a week. With this loan Kavita will potentially obtain employment for 156 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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 i

Investee
occupation

Apparel store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rs 1,15,70,500

Disbursed

389

Investees

90%

Repayments

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

0 more to go -674 days remaining

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