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Suman

Swami

Food Entrepreneur

Solapur, Maharashtra

273 livelihood days

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

Suman

Swami

#gogetter#persevering
Invest in Suman's restaurant and enable her open another branch soon

Food Entrepreneur

Maharashtra

273 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Suman

Suman Swami is the owner of a small restaurant in Solapur, Maharashtra. She is a hard-working woman who works seven days of the week to make ends meet for her family. Her husband, Rachayya also works in the same sector to support the family. Now, determined Suman is seeking credit to uplift her restaurant. By providing better services at the restaurant, Suman will be able to welcome more customers and serve them with a variety of dishes. She also wants to save up a fund to establish another branch of her restaurant in the near future. Together, Suman and her husband wish to ensure their son Navratna does not fall short on his ambitions because of the lack of funding. Support spirited Suman today.

About Suman Swami's livelihood

Suman is a food entrepreneur who works 6 hours a day for 7 days a week. With this loan Suman 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. Suman Swami 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

Food 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