2. Rang De connects Indians across the world to a consumer of microcredit. RangDe. Org
3. . Rang De is a pioneering, web-based social initiative with a mission to provide cost effective microcredit to low income households in India . Through an online micro lending platform called RangDe.Org , Rang De enables individuals to participate in microcredit by lending as little as Rs. 100. Rang De is a registered non-profit trust and is head quartered at Chennai. The organization is funded and supported by the CSO Partners and ICICI Foundation. About Rang De VISION To 'Make Poverty History in India' MISSION To enable individuals in India and the world to connect with low income households by participating in microcredit in a holistic and sustainable manner through an online platform that is transparent and accountable.
4.
5.
6. Raising Capital Individual social Investments Any individual can lend as little as Rs.100 by simply registering online and choosing a borrower of his/her choice. Corporate social investments A corporate can participate by allocating a budget from their CSR funds. The funds will be deployed as loans to micro-entrepreneurs.
7.
8. Rang De Entrepreneurs Name : Sabita Upadhyay Place : Puri, Orissa Loan availed : Rs.5,000 Disbursed on : 25.08.2009 Business : Coconut sales Loan status : Repaying Sabita supplies her coconut stock at a temple and also to some coolies who sell them for her. She has a 10 month old baby and 2 girls going to school. She is eager to earn more for the family and a second loan of a larger sum from Rang De can increase her earning capacity.
9. 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.
10. Name : Kamala Das Place : Kendrapara, Orissa Loan availed : Rs.1,000 Disbursed on : 20 Nov 2009 Business : Bamboo basket weaving Loan status : Repaying Kamala is a small entrepreneur who makes a living by selling craft items made from bamboo . Golden grass, rope and some equipment is frequently needed in Kamala’s trade and Rang De loan will help her meet these constant business demands. Rang De Entrepreneurs
11.
12.
13.
14.
15. Latest Statistics As on 16th August 2010 Borrowers Impacted 4113 Social Investors 1748 Corporate Social Investors 5 Loans raised Rs. 2.11 Crores Loans repaid Rs. 1.14 Crores
16.
17. For more details please contact us at RangDe.Org Veekay Manor Flat No 14, 3rd Floor No.8, Gopalkrishna Road T Nagar Chennai 600 017 Phone No. : (044) 42121919 Mobile No. : 97909 67649 (Ram N K, CEO of Rang De) E-mail: info@rangde.org Thank You