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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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Malanabai Dhanurakar

#hardworking#resilient
Enable Malanabai purchase a buffalo to establish a successful dairy business

Agripreneur

Solapur, Maharashtra

35,000 has been disbursed

318 potential days of livelihood i

14,583.31 is the current outstanding balance

77.78 0 22.22 20417 5833 0

78%

22%

0%


About Malanabai Dhanurakar

Malanabai Dhanurakar is the pioneering change for her small family. The mumpreneur is now choosing to support her husband, Mahadev Dhanurakar who works as a farmer. Malanabai is determined to give her two sons a good education. She has decided to take her first step by buying a buffalo, a worthy asset for her business that will enable her to set aside a good amount for her exciting future. In the long term, she plans to purchase a jersey cow so she can better her monthly income through increased sales of milk. Fund earnest Malanabai today.

My dream is to purchase a jersey cow.

About Malanabai Dhanurakar 's livelihood

Malanabai is an agripreneur who works 7 hours a day for 7 days a week. With this loan Malanabai will potentially obtain employment for 318 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

35,000

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

No credit history available

 

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 -462 days remaining

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