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Santosh Devi

#energetic#hardworker
Support Santosh restock her retail store so she can fuel her son's ambitions

Retailpreneur

Ajmer, Rajasthan

50,000 has been disbursed

409 potential days of livelihood i

27,083.26 is the current outstanding balance

100 0 0 22917 0 0

100%

0%

0%


Santosh Devi is a mother, a wife, and a businesswoman. Her daily life is a juggle between these roles as she strives to ensure her family progresses. She’s had ten years of experience working in the agricultural sector, and five years of experience running a retail store. Now, Santosh is seeking credit to restock her shop with the items of high demand. By restocking the store, Santosh will be able to grow her customer base and make more sales. She also plans to invest part of this loan in purchasing furniture and fittings for the store. Her mission is to use the funds raised from her business to educate her son Jagdish, so he can become a government officer in the future. Furthermore, Santosh wants to expand her business so she can one day establish a larger retail store in her locality. Join hands with ambitious Santosh today.

My dream is to see my son become a government officer when he grows up.

About Santosh Devi's livelihood

Santosh is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Santosh will potentially obtain employment for 409 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

24 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

B

Rajasthan Mahila Kalyan Mandal

Rajasthan
Partner since 2019

About

RMKM began working in the field of disability and rehabilitation in 1988, but has expanded to support the children and women of Rajasthan in many ways. RMKM works to create empowered women entrepreneurs by providing them with access to education, health services and credit.

Impact Narrative

Credit is virtually inaccessible to the women entrepreneurs in Rajasthan. The Rang De loans are designed to empower these women to start and grow their businesses.

Rs 37,05,000

Disbursed

80

Investees

100%

Repayments

Rang De works with the same mission as ours - upliftment and welfare of the poor, backward and the specially abled, leading to their respectful and dignified life in the society.

- Nanu Lal Prajapati, Head of Livelihoods project, RMKM

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