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Krishna Prajapat

#driven#progressive
Young Krishna needs your support to scale up her embroidery business

Creative Entrepreneur

Ajmer, Rajasthan

50,000 has been disbursed

364 potential days of livelihood i

20,833.24 is the current outstanding balance

100 0 0 29167 0 0

100%

0%

0%


For the past four years, Krishna Prajapat has been working hard running her small embroidery business to add to her family's income. She works eight hours a day for seven days a week offering her skillful services to customers to support her parents and her brother. Now, Krishna wants to scale up her business to grow her monthly income. She has applied for a loan to finance the purchase of fabric of different designs, a proper cloth cutting table, and a new sewing machine to magnify her output. By growing her business and her income, Krishna hopes to support her brother continue studying and also dreams of being able to pitch in to cover his marriage expenses. Her dream is to open her own wholesale clothing store in her village to support her parents and better their quality of life. Fund Krishna's ambitious business venture today.

My dream is to open my own wholesale clothing store.

About Krishna Prajapat's livelihood

Krishna is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Krishna will potentially obtain employment for 364 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

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Embroidery

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

B

Financial
Profile i

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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