www.rangde.

org
Share the colours of joy

.
RangDe.Org

Rang De connects Indians across the world to a consumer of microcredit.

About Rang De

Rang De is a pioneering, web-based social initiative

VISION
with a mission to provide cost effective microcredit to To 'Make Poverty
low income households in India. History in India'

Through an online micro lending platform called

MISSION
RangDe.Org, Rang De enables individuals to participate
in microcredit by lending as little as Rs. 100. . To enable individuals in India
and the world to connect with
low income households by
Rang De is a registered non-profit trust and is head participating in microcredit in a
holistic and sustainable manner
quartered at Chennai. The organization is funded and through an online platform that
supported by the CSO Partners and ICICI Foundation. is transparent and accountable.
How Rang De Works

RangDe.Org partners with MFIs & NGOs to identify borrowers.

The partner organization posts the profile of the borrowers on the website.

Any investor can access online the profiles of the borrowers for the required loan.

The investor can pay either a part or the entire loan amount to the borrower.

When the entire loan amount is raised, the partner receives the money and disburses it to

the borrower.
 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.
Rang De Partners
Rang De partners are grass root level non-
profit organisations (NPOs) and Microfinance
Institutions (MFIs), having strong presence in
the community.

The partners are taken on board after a

thorough due diligence process.

Due diligence process involves review of

financial and other records followed by a field
visit by Rang De staff.

Rang De partners act as disbursement and

collection agents and cannot levy charges
other than prescribed by Rang De and agreed
as per the agreement.

Currently, Rang De has 18 Field Partners with

operations in 10 states.
 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.
 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.
Rang De Entrepreneurs

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

Name : Baban Jena

Place : Kendrapara, Orissa
Loan availed : Rs.4,000
Disbursed on : 4 May 2009
Business : Bamboo basket weaving
Loan status : Repaid

Baban makes bamboo baskets and sell them

for a living. She possesses the necessary skills
but lacks the money to buy the raw
materials. The Rang De loan helped her start
her business and make a fair amount of
profit.
Rang De Entrepreneurs

Name : Sebati Jena

Place : Kendrapara, Orissa
Loan availed : Rs. 2,000
Disbursed on : 20 Nov 2009
Business : Bamboo basket weaving
Loan status : Repaying

Sebati keeps herself busy throughout the

day making craft items using bamboo. She
manages to sell her ware at a margin and
the money she makes is a great relief to her
family with 2 daughters and a son. Rang De
loan will make her business sustainable.
Rang De Entrepreneurs

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 Loans

Loans for Businesses

These loans are facilitated at a rate of 8.5% flat.

Partner : 5%
Loans are for income generation activities. Social Investor : 2%
Rang De : 1%
Around 150 different activities funded so far.
Contingency Fund : 0.5%

Micro Enterprise Loans

These loans will be facilitated at a rate of 10% flat.

Contingency Fund : 1%
Loans will be facilitated for small businesses. Rang De : 2%
Partner : 3%
Social Investor : 4%
Loan size in excess of Rs.25,000
Rang De Loans

Loans for Primary & Secondary Education

Loans are facilitated at a rate of 5% flat. Partner : 4%

Social Investor : 0%
Loans are facilitated to fund school fees, stationery,
uniform and other expenses. Rang De : 1%
Contingency Fund : 0%
Loans are facilitated in the form of Education Vouchers.

Schools accept education vouchers in lieu of fees,

uniforms and other expenses.

Loans for Job Guaranteed Vocational Education

Partner : 5%
Loans are facilitated at a rate of 8.5% flat. Social Investor : 2%
Rang De : 1%
Loans are provided to unemployed youth from rural
India. Contingency Fund : 0.5%

Training and placement is provided by our strategic

partner.
Social Investor Benefits

Power to choose where the money goes.

Social returns, satisfaction of doing good

Nominal financial returns

Reinvestment option, can revolve fund.

Transparency, repayment and evaluation

reports are published for each borrower
Own account to keep track of social
investments
Mitesh Tank
Mumbai, India
" I believe in Rang De because it is the only
viable solution to eradicate poverty from
India instilling a sense of self belief in
people. "
Corporate Social Investors

Power to choose where the money goes.

Social returns, satisfaction of doing good

Nominal financial returns

Reinvestment option, can revolve fund.

Transparency, repayment and evaluation

reports are published for borrowers

Own account to keep track of social

investments

Ability to involve employees of the

corporate
Latest Statistics

Borrowers Impacted 3532

Social Investors 1506

Corporate Social Investors 5

Loans raised Rs. 1.81 Crores

Loans repaid Rs. 99 Lakhs

As on 8th July 2010

RangDe in the News

 Economic Times 27th June 2010

“Rang De : India’s first online platform for micro-credit”
Link

 Hindustan Times 2nd Feb 2010

“Become a lender”

 DNA 27th December 2009

“Giving is Cool”
Link

 Livemint.com 13th October 2009

“P2P lending companies briong funds to the poor”
Link
Thank You

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