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Minaj

Shaikh

Agripreneur

Solapur, Maharashtra

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4 Borrower Image 5

Minaj

Shaikh

#progressive#determined
Invest in Minaj’s endeavours on her mission to educate her three daughters

Agripreneur

Maharashtra

234 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Minaj

Minaj Shaikh is a mother who is setting out to make progress. Her mission is to educate her three daughters by growing the income from her business. Her oldest daughter is already working towards becoming a collector. Using this loan, Minaj plans to purchase a buffalo and grow her monthly earnings through increased sales of milk. She has also already laid out her longer term plans. She intends to create a second stream of income by starting a small organic farm, enabling her to play a larger role in supporting her family’s expenses. Support Minaj on her exciting endeavor as she spearheads progress for the women in her family.

About Minaj Shaikh's livelihood

Minaj is an agripreneur who works 6 hours a day for 6 days a week. With this loan Minaj will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Minaj Shaikh 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