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Mafa Bano

#artistic# hardworking
Invest in Mafa as she expands her embroidery business.

Creative Entrepreneur

Ajmer, Rajasthan

50,000 has been disbursed

364 potential days of livelihood i

24,999.98 is the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


Mafa Bano of Babaycha, Ajmer, Rajasthan is an entrepreneur and runs a tailoring, embroidering business. Her family of 4 is a farming family and her income adds to their earnings. She has been working in this enterprise for the past three years and is now looking towards expansion. She needs financial assistance to add sewing machines, motor, raw materials and more people to her work. The income from more work will ensure Mafa moves closer to her dreams for her family and their secure future.

Her dream is to enjoy a secure future with her family.

About Mafa Bano's livelihood

Mafa is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Mafa 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

18 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

No credit history available

 

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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