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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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Mina Shinde

#hardworking#determined
Weave an investment for Mina as she grows her business through a buffalo purchase

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

19,999.96 is the current outstanding balance

75 0 25 20000 6667 0

75%

25%

0%


About Mina Shinde

Mina Shinde is a resident of Solapur, a mother, a wife and a businesswoman. She is among the few women of her village who have made the brave decision of seeking credit and choosing to become financially literate. Now, determined Mina is hoping to use the loan to make an all-important buffalo purchase, a decision she hopes will increase her monthly income. She intends to sell the buffalo milk to the local corporation and earn consistent returns. Her ultimate dream is to build a house for her family; her son Dada and husband Bhima, both working in Solapur. Invest in Mina to see her drive financial progress for her family.

My dream is to build a house for my family.

About Mina Shinde's livelihood

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

40,000

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

A

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 1,17,05,500

Disbursed

393

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 -443 days remaining

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