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Naseema Shaikh

#tireless#gogetter
Support hardworking Naseema buy a cow, a step on the path to purchasing a farm

Agripreneur

Solapur, Maharashtra

35,000 has been disbursed

273 potential days of livelihood i

6,500.7 is the current outstanding balance

81.43 18.57 0 28499 0 6501

81%

0%

19%


Toiling hard for six hours a day, seven days a week is a mother and businesswoman Naseema Shaikh. Her son, 24-year-old Irfan works for a private company while her husband, 46-year-old Mahamad works as a labourer. Now, Naseema is seeking credit to buy a cow, a worthy asset for her business which will enable her to increase the production of milk and her eventual sales to the local milk corporation. She hopes that through her animal husbandry business, she will be able to save enough to fund the purchase of a farm and supplement her current livelihood. Her dream is to finally build a house for her family. Support Naseema on her tireless journey today.

My dream is to build a house of my own.

About Naseema Shaikh's livelihood

Naseema is an agripreneur who works 6 hours a day for 7 days a week. With this loan Naseema will potentially obtain employment for 273 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

Animal husbandry

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

 

A

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

89%

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 -647 days remaining

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