31,569 Loans disbursed | Social Investors joined
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Rs.251.7M of social investment | 99.75% Repayment Rate | 315 different occupations
SOCIAL INVESTMENTS RAISED
SOCIAL INVESTMENTS REPAID
INTEREST RATE CHARGED
Balasore | Orissa | Paddy processing
Jyosthna Rout lives in Saragan, Orissa along with her husband and their two children. Her husband works as a salesman for selling medicines. Their children study at school. Jyosthna Rout had started the business of Paddy processing by purchasing unprocessed paddy from local market, then removing the dirt and unwanted material, processes the sorted paddy in a mill at a shop, and sells the white rice to whole sale dealers. She started the business earlier with the help of a loan from Rang De, and has been successfully running for the past 5 years. She also had expanded her business by increasing the quantity of processed rice with help of Rang De. She intends to expand further, and needs a loan for the same. With the loan amount she would purchase a space to be utilized as storing space for the extra paddy, and purchase more paddy. With the extra income, she would be able to save better for the future financial necessities. read more
I am proud to be associated with Rang De and be a social investor to help people in need realize their dreams.
Raghu Dixit | Path Breaking Musician
I believe that microcredit needs to be affordable if it aims at helping people overcome poverty.
Nagesh Kukunoor | Award Winning Film Director