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Nilabai Yernale

#mumprenuer#determined
Nilabai needs credit to expand her business.

Retailpreneur

Solapur, Maharashtra

45,000 has been disbursed

182 potential days of livelihood i

23,955 is the current outstanding balance

76.53 0 23.47 21045 6455 0

77%

23%

0%


Nilabai is an entrepreneur. She owns a retail outlet in Solapur, Maharashtra. The revenue from this business serves as an income for this family of five. Nilabai wishes to grow her business by procuring equipment to expand her flour mill and also procure handicrafts. Help Nilabai improve her family income and also help her achieve her dreams. 

My dream is to construct RCC building for my family.

About Nilabai Yernale's livelihood

Nilabai is a retailpreneur who works 4 hours a day for 7 days a week. With this loan Nilabai will potentially obtain employment for 182 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

45,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

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

B

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 -322 days remaining

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