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Rupali

Pangarkar

Retailpreneur

Solapur, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Rupali

Pangarkar

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

Retailpreneur

Maharashtra

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rupali

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rupali Pangarkar has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Investee
occupation

Retail store

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Sakhi Samudaya Kosh

   
Maharashtra
Partner since 2019
Partner logo

About

SSK was established by Swayam Shikshan Prayog (SSP), a development organization in the year 2006. Sakhi Samudaya Kosh works to provide socially relevant financial services for rural women and their communities in order to reduce poverty and improve quality of life. Their main objective is to seed the idea of entrepreneurship among local communities and 'create community influencers' for women and girls.

Impact Narrative

Rang De has partnered with SSK to provide women leaders in the community with access to affordable and timely credit.

Rupees Icon

Rs 1,15,25,500

Disbursed
User circle icon

388

Investees
Repayment icon

100.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS