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Pooja Ishwar Gavali

#breadwinner#hardworking
Invest in Pooja's dreams of building a home for her family.

Domestic Worker

Ahmednagar, Maharashtra

1,00,000 loan needed Tranche : 0

Pooja Ishwar Gavali's loan is cancelled and investments shall be reverted.


Pooja is a dedicated mother of three. She works as a domestic help and dreams of living in a house of her own. During this pandemic, she and her family had to face many challenges for they had no place to stay indoors. Pooja is one of the beneficiaries of the Sanjaynagar Slum Redevelopment project. Pooja is very close to turning her dream into a reality. With the help of the credit, she will be able to turn her house into a home. Lend a helping hand in making her safe haven a better place.

My dream is to enjoy a secure future with my family.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

5.5% flat p.a.

9.9% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.5%

2.7% APR

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

Loan
amount

1,00,000

Loan
tenure

30 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Domestic worker

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

Snehalaya

Maharashtra
Partner since 2020

About

Snehalaya provides rescue, rights and rehabilitative services to communities who have been deprived of their fundamental rights. They are now working with Curry Stone Design Collaborative and Hunnarshala on a redevelopment program for the slums of Sanjaynagar in Ahmednagar.

Impact Narrative

This partnership will enable about 300 slum dwellers of Sanjaynagar to become proud owners of their dream homes.

Rs 9,20,000

Disbursed

12

Investees

100%

Repayments

At a time when most banks and micro-finance institutions turned the residents of Sanjaynagar away, our partnership with Rang De has enabled us to introduce our community members to formal sources of credit for the first time.

- Hanif Shaikh, Assistant Director- Education, Snehalaya

0 more to go -186 days remaining

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