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Nanda Gund

#Superwoman# driven
Turn things up a notch for Nanda

Food Entrepreneur

Solapur, Maharashtra

35,000 has been disbursed

682 potential days of livelihood i

2,916.63 is the current outstanding balance

91.67 8.33 0 32083 0 2917

92%

0%

8%


Nanda Gund is all about woman power. She juggles being a full-time mother to her children while running a food stall in her village in Solapur. A super hard worker, she works seven days a week for 15 hours each day. And she’s not stopping there. She’s turning things up a notch by purchasing new furniture for her food enterprise so that she can welcome even more food lovers to the eatery. Cooking with love is her favorite hobby and she’s leveraging this hobby well to make money to support her family. Join her on this delightful journey.

I want to become a great entrepreneur.

About Nanda Gund's livelihood

Nanda is a food entrepreneur who works 15 hours a day for 7 days a week. With this loan Nanda will potentially obtain employment for 682 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Food stall

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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

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 1,15,70,500

Disbursed

389

Investees

90%

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 -718 days remaining

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