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Mahadevi

Kambale

Agripreneur

Solapur, Maharashtra

273 livelihood days

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Mahadevi

Kambale

#persevering#compassionate
Enable Mahadevi expand her business so she can finance the construction of a home

Agripreneur

Maharashtra

273 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Mahadevi

Mahadevi Kambale hails from Solapur Maharashtra and is the owner of a five-year-old animal husbandry business. The business supports her husband and son by adding to the family income. Now, determined Mahadevi wants to scale up her business using credit to add to her herd. Her long term plan is to purchase 100 goats to magnify her business output. To start off, she is making a purchase of five goats and hopes to grow her business from there onwards. Her ultimate dream is to then build a house for her family using the funds from her successful business. Invest in Mahadevi as she makes small significant steps towards a secure future.

About Mahadevi Kambale's livelihood

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

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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