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Vimal Bhosale

#pioneer#driven
Enable Vimal scale up her bustling mess to serve 80 more students

Food Entrepreneur

Solapur, Maharashtra

30,000 has been disbursed

273 potential days of livelihood i

26,666.66 is the current outstanding balance

13.33 66.67 20 3333 5000 16667

13%

20%

67%


Vimal Bhosale currently runs a mess that serves food to 40 students in Wadala, Maharashtra. Now, determined Vimal wants to scale up her business to grow her income with the goal of being able to finance her children's weddings. She hopes to use credit to buy essential items for her business to better serve the students. She intends to buy a bulk of wheat flour to make the staple ‘rotis’ which are served daily at the mess. Ambitious Vimal has her mind set on expanding her mess, and her goal is to triple the output and be able to serve 120 students every day. Support Vimal fulfil her exciting business upgrade.

I dream of seeing my children happily married.

About Vimal Bhosale's livelihood

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

30,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food 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

A

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

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