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About Rang De 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.

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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.

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.


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 nonprofit 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 Place Loan availed Disbursed on Business Loan status

: Sabita Upadhyay : Puri, Orissa : Rs.5,000 : 25.08.2009 : Coconut sales : 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 Place Loan availed Disbursed on Business Loan status

: Kanakama Redi : Puri, Orissa : Rs.5,000 : 21 Feb 2009 : Vegetable vendor : 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 Place Loan availed Disbursed on Business Loan status

: Kabita Khatua : Kendrapara, Orissa : Rs.4,000 : 8 July 2009 : Fishing : 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 Place Loan availed Disbursed on Business Loan status

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

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

: Kamala Das : Kendrapara, Orissa : Rs.1,000 : 20 Nov 2009 : Bamboo basket weaving : 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

demands.

these

constant

business


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. Around 150 different activities funded so far.

Social Investor : 2%

Rang De : 1% Contingency Fund : 0.5%

Micro Enterprise Loans These loans will be facilitated at a rate of 10% flat. Loans will be facilitated for small businesses. Loan size in excess of Rs.25,000

Contingency Fund : 1% Rang De : 2% Partner : 3% Social Investor : 4%


Rang De Loans Loans for Primary & Secondary Education Loans are facilitated at a rate of 6% flat.

Loans are facilitated to fund school fees, stationery, uniform and other expenses.

Partner : 4% Social Investor : 1%

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.

Loans are provided to unemployed youth from rural India. Training and placement is provided by our strategic partner.

Social Investor : 2% Rang De : 1% Contingency Fund : 0.5%


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

4983

Social Investors

2082

Corporate Social Investors

8

Loans raised

Rs. 2.65 Crores

Loans repaid

Rs. 1.36 Crores

As on 18th October 2010


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. : 99403 97432 (Srihari Maneru, Vice President – Strategy and Partnerships) E-mail: info@rangde.org


Rang De