Rang De is an award winning social business. Our mission is to use technology to disrupt systemic inequities that keep people locked in poverty. Back in 2008, we launched India's pioneering peer-to-peer micro-lending platform to crowd-fund micro-loans. These affordable, collateral-free and ethically administered micro-loans provide an alternative to expensive, exploitative credit. Till date 7800+ Indians have funded over 37000+ loans totalling â‚¹32 crores, with a jaw dropping low default rate of less than 0.5
We continue to expand our interventions - all engaging civil society - with sharp focus on alleviating poverty and spurring grass-roots socio-economic growth and development.
We will reach 250,000 families over the next 5 years with access to affordable micro-credit for livelihoods, education, vocational training, health and sanitation. We will be targeting specific groups such as tribals, artisans, small & marginal farmers. We will be expanding across the country - going deep and wide. Be a part of this freedom movement - freedom from poverty and deprivation for millions of Indians.
Last year, you made it possible for Rang De to effectively train our Impact partners. "Strengthening the Bonds", a capacity building programme conducted for the ground level staff of the Impact Partners. An effort to hand holding the partners to overcome the specific challenges faced by the diverse organisations that Rang De has partnered with.Today we have successfully disbursed over 38000 loans, touching thousands of lives positively! (38,850 to be exact)
Yet, many more lives abound.
This year, we want to employ more funds in education and empowering women. Rang De’s knowledge of the rural pulse has driven us to this decision. There are thousands of rural youth who await an opportunity to higher education and career driven courses.Rang De works with the underserved communities in the country where enterprising women are looking for opportunities to start up a small scale business or continue traditional art.
Our focus will be to touch as many lives as possible and ensure that we root out unemployment among the youth of our country and empower our women.
Your efforts make a difference to Rang De, to our impact partners and to our underserved communities.
Join us in our mission to end poverty in India!