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Savita

Shinde

Agripreneur

Solapur, Maharashtra

273 livelihood days

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

Savita

Shinde

#pioneer#driven
Invest in pioneer Savita, a woman on a mission to become a local village leader

Agripreneur

Maharashtra

273 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Savita

Savita Shinde has a unique dream. She wants to become a local village leader in Solapur. A pioneer by nature, Savita displays strong leadership skills which she hopes to put to use by inspiring other women in her village. She currently works seven days a week running a five-year-old animal husbandry business to support her big family. Now, Savita wants to ride a wave of progress by seeking a loan to purchase a buffalo. She hopes that this investment in a buffalo, will increase the amount of milk she can sell and strengthen her livelihood. She shares the responsibility of providing for her three sons with her husband and hopes this venture will help ease the burden. Invest in Savita as she takes steps towards success for family, and one day, for the rest of the village.

About Savita Shinde's livelihood

Savita is an agripreneur who works 6 hours a day for 7 days a week. With this loan Savita 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. Savita Shinde 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

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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