false
false 0 0

Sonali Yernale

#ambitious#zealous
Fund Sonali’s buffalo purchase as she strives to provide for her daughter

Retailpreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

31,111.08 is the current outstanding balance

30.77 46.15 23.08 8889 6667 13333

31%

23%

46%


Solapur resident Sonali Yernale is looking forward to advancing her trade. She wants to soon start a milk business and is ready to make the first critical step towards achieving this goal. Sonali is seeking a loan to buy a buffalo. She hopes to be able to sell the milk around her neighbourhood and the excess to the milk corporation. The revenue from the sales will enable Sonali to ease the burden off her husband Rahul’s shoulders, as they work together to provide for their only daughter, Shreya. Join Sonali as she milks a successful future.

I dream of providing my daughter with a good education.

About Sonali Yernale's livelihood

Sonali is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Sonali will potentially obtain employment for 273 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

40,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Sakhi Samudaya Kosh

Maharashtra
Partner since 2019

About

SSK works to enable alternative entrepreneurship among agrarian communities in drought-prone areas of Maharashtra. They train women and girls belonging to low income households in entrepreneurship, financial and digital literacy, leadership and business development, and also provide access to credit, technology and markets.

Impact Narrative

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

Rs 1,15,70,500

Disbursed

389

Investees

89%

Repayments

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

0 more to go -614 days remaining

added to cart