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Sonali Shinde

#persevering#dreamer
Enable Sonali grow her milk business and fund the education of her daughters

Agripreneur

Solapur, Maharashtra

40,000 has been disbursed

364 potential days of livelihood i

22,222.16 is the current outstanding balance

57.14 21.43 21.43 17778 6667 6667

57%

21%

21%


Sonali Shinde is a mother to young daughters Snehal and Shivaji. The two girls have just started school and determined Sonali wants to ensure they do not face the burden of financial constraints as they progress. Hence, Sonali is seeking a loan to strengthen her livelihood and grow her two-year-old animal husbandry business. She intends on adding a buffalo to her herd so she can increase the volume of milk that she sells to the local corporation. This will enable Sonali to save a fund that will be used to pay for her daughters' school fees in the future. Support Sonali as she prepares for the future.

My dream is to educate my two daughters.

About Sonali Shinde's livelihood

Sonali is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sonali will potentially obtain employment for 364 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

Animal husbandry

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

90%

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

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