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Shakila

Shaikh

Retailpreneur

Solapur, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shakila

Shaikh

#dreamer#artistic
Tailor an investment for Shakila so she can construct her dream home

Retailpreneur

Maharashtra

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Shakila

Shakila Shaikh's newly launched business is looking to gain momentum. The determined mother wants to see her apparel business grow so she can support her family financially. As a first step, Shakila has applied for a loan, which she intends to use to purchase a pico fall machine and a sewing machine. This added machinery will help Shakila save time and increase her output. In addition. Shakila will be able to tailor quality wear to sell in her shop. Her big dream is to construct a house of her own for her family. Join Shakila on her exciting journey of progress today.

About Shakila Shaikh's livelihood

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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