false
false 0 0

Rupali Pangarkar

#gogetter#persevering
Enable Rupali supplement her current retail business by starting a beauty salon

Retailpreneur

Solapur, Maharashtra

50,000 has been disbursed

273 potential days of livelihood i

24,999.98 is the current outstanding balance

69.23 7.69 23.08 25000 8333 2778

69%

23%

8%


Rupali Pangarkar is fired up to expand her business. She's aware of the growing needs of her family and wants to ensure she can help her husband make ends meet. Rupali is seeking credit to restock her retail store with all the daily-need items needed by her customers. She also plans to invest in her first stock of vegetables, and start selling vegetables in her store. To top that off, she has decided to use some spare space in the store to start a makeshift beauty salon. She plans to use part of the loan to fund the purchase of materials for her beauty parlour. Her two business ventures will enable Rupali to ease the financial burden off the shoulders of her husband Prakash, who works as a driver, as they strive to support their toddler Slok. Fund Rupali as she rides a wave of progress.

My dream is to open a full-fledged beauty parlour.

About Rupali Pangarkar's livelihood

Rupali is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Rupali 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

50,000

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

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 -587 days remaining

added to cart