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Pushpa Magar

#mumpreneur# gogetter
Fund Pushpa's apparel store expansion plan

Retailpreneur

Osmanabad, Maharashtra

30,000 has been disbursed

182 potential days of livelihood i

10,000 is the current outstanding balance

66.67 33.33 0 20000 0 10000

67%

0%

33%


Pushpa Magar wants to become a successful businesswoman and she's leaving no stone unturned to ensure she achieves her dream. Her store revamp is the first of many of her plans to ensure she's able to attract more customers. She intends to make important purchases of newer saree collections and readymade hosiery. This will open an avenue of revenue-generating opportunities that will allow her to finance her bigger goals. With great determination and dexterity, it’s no doubt that this single mother will soon become one of Osmananbad’s most successful female entrepreneurs.

I want to see my child work as a government employee.

About Pushpa Magar's livelihood

Pushpa is a retailpreneur who works 4 hours a day for 7 days a week. With this loan Pushpa 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

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

 

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 -694 days remaining

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