Rang De - Knocking out poverty in india!

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Rang De facilitates small loans for Indians who do not have access to credit. You can lend from Rs. 100 onwards on http://www.rangde.org/ to micro-entrepreneurs identified by our partners across India. Join us to make poverty history in India!

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Rang De - Knocking out poverty in india!

  1. 1. Knocking out poverty in India! . www.rangde.org
  2. 2. Rang De is a non-profit web-based social initiative with a mission to provide cost effective microcredit to low income households in India . About Rang De VISION 'Make Poverty History in India'
  3. 3. . The Idea of Rang De <ul><li>Ideation – December 2006 </li></ul><ul><li>Official launch - January 26 th 2008 </li></ul><ul><li>Seed capital – 6000 GBP </li></ul><ul><li>Goal - To leverage the internet to raise social capital for low cost microcredit </li></ul>
  4. 4. Rang De Model Rang De interest rates vary from 5% - 10% flat p.a. (9% - 18% APR)
  5. 5. Rang De Entrepreneurs Name : Kanakama Redi Place : Puri, Orissa Loan availed : Rs.5,000 Disbursed on : 21 Feb 2009 Business : Vegetable vendor Loan status : Repaid A vegetable shop owner in Puri Kanakama works from 8.00 am until late night. Unfortunately lack of funds force her to buy the vegetables on credit at higher rate. She used the Rang De loan to buy vegetables at wholesale rates to increase her profit margins.
  6. 6. Name : Kabita Khatua Place : Kendrapara, Orissa Loan availed : Rs.4,000 Disbursed on : 8 July 2009 Business : Fishing Loan status : Repaid Kabita has 4 small children, 2 of whom attend school. With the Rang De loan Kabita can secure a new ice drum and fishing nets and also repair and service her motor boat. This will certainly help her and her husband continue their trade successfully. Rang De Entrepreneurs
  7. 7. Rang De Field Partners <ul><li>25 Field Partners </li></ul><ul><li>13 states </li></ul>
  8. 8. Corporate Social Investors
  9. 9. Technology Partners
  10. 10. Rang De Brand Ambassadors Waheeda Rehman Actor and Social Activist Nagesh Kukunoor Actor and Director
  11. 11. Rang De In Media
  12. 12. Thank You Join us at www .rangde. org www .facebook. com /rangdeorg www .twitter. com /rangde

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