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Sushma Shinde

#hardworking#diligent
Support Sushma upgrade her tailoring business as she aspires to run her own store

Retailpreneur

Solapur, Maharashtra

40,000 has been disbursed

273 potential days of livelihood i

15,555.47 is the current outstanding balance

84.62 0 15.38 24445 4444 0

85%

15%

0%


Diligent and creative are the words that best describe Sushma Shinde, a resident of Solapur. She is a mother to six-year-old Sneha and ten month old Shourya. Her husband, Shankar Shinde is a graduate who works as a farmer to support his family. For five years, Sushma’s hard work and resilience has enabled her to establish a small tailoring business where she also sells sarees. She now wants to sell the sarees on a larger scale by opening up a store in her village. She hopes to make the first step in this direction by growing her business through the purchase of new fabric, cloth and a brand new Pico Fall machine for her tailoring. In the longer run, Sushma wants to also fund her older daughter, Sneha's medical course as well. Invest in ambitious Sushma today.

My dream is to educate my daughter so she can become a doctor.

About Sushma Shinde's livelihood

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

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 -563 days remaining

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