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Vijaya Mule

#mumpreneur# spirited
Contribute to help Vijaya purchase a flour mill machine

Retailpreneur

Osmanabad, Maharashtra

30,000 has been disbursed

364 potential days of livelihood i

2,500 is the current outstanding balance

91.67 8.33 0 27500 0 2500

92%

0%

8%


Hailing from Osmanabad is mumpreneur Vijaya Mule. She currently runs a retail store selling grocery items in the village. But in order to make ends meet, she now wants to expand the business and reduce her dependency on other flour mills. The purchase of a flour mill machine will be of great value allowing her to also increase the production of flour and hence increase the potential sales at the store. With the dream of one day running her own flour mill, funding Vijaya’s first big step will bring her closer to achieving her dream.

I want to one day run my own flour mill.

About Vijaya Mule's livelihood

Vijaya is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Vijaya 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail 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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

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

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

0 more to go -694 days remaining

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