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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Kishori Turbhe

#spirited#tireless
Fund Kishori's purchase of goats so she can build a house to call home

Agripreneur

Solapur, Maharashtra

30,000 has been disbursed

273 potential days of livelihood i

10,384 is the current outstanding balance

98.08 0 1.92 19616 384 0

98%

2%

0%


About Kishori Turbhe

Kishori Turbhe lives in Solapur with her two children, seven-year-old Bhagyalata, and four-year-old Vinthal. Her husband Ananda works as a labourer in the village. For the past year, Kishori has been toiling hard all seven days of the week in her new animal husbandry business. She now wants to grow her business by using credit to purchase four goats. This a step in the direction to strengthen her livelihood by increasing the volume of goat milk that she is able to sell. In addition, the loan is Kishori's first step towards becoming financially savvy and responsible, the first for many women in her village. With progress in the pipeline, Kishori dreams of building a house for her family. Invest in spirited Kishori today.

My dream is to build a house for my family.

About Kishori Turbhe's livelihood

Kishori is an agripreneur who works 6 hours a day for 7 days a week. With this loan Kishori 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.

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

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 i

Investee
occupation

Animal husbandry

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

B

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

Co-curated and referred by our Impact Partner

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 1,15,52,500

Disbursed

389

Investees

100%

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 -435 days remaining

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