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Sangita

Pawar

Food Entrepreneur

Solapur, Maharashtra

227 livelihood days

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

Sangita

Pawar

#determined#enterprising
Support Sangita make purposeful purchases of water jars to grow her business

Food Entrepreneur

Maharashtra

227 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Sangita

Sangita Pawar has a dream; she wants to run a hotel at the district level one day. Having set goals to achieve her dream, Sangita has been toiling seven days a week running her current food and condiments business. She now wants to make a key upgrade through the purchase of water jars for her business. Currently, Sangita supplies water to her community members but wants to increase her customer base by purchasing more water jars. This key addition will help Sangita grow the output of her business, and increase her monthly income. She also aspires to see her oldest son, Harish fulfill his dream of becoming an engineer. Help determined Sangita make her dreams and goals come to life.

About Sangita Pawar's livelihood

Sangita is a food entrepreneur who works 5 hours a day for 7 days a week. With this loan Sangita will potentially obtain employment for 227 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sangita Pawar 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

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food 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