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Showing posts from November, 2012
Rang De (https://www.rangde.org/) is a pioneering web based social initiative that supports
rural entrepreneurs with cost effective micro-credit for business and education. Through an
online portal, Rang De enables individuals to become social investors by lending small sums
of money to borrowers from low income households listed on the website.

Launched on 26th January 2008, Rang De’s mission is to knock out poverty in India. So far,
Rang De has raised social investments of Rs. 100.3 Million and impacted more than 17,000
borrowers with the help of 4,200 social investors. Many of these borrowers have been able
to create or expand their business (ranging from cow-rearing to bag-making to managing tea
stalls); while a few others used their loans to pay for the education of their children.

To make this scheme sustainable, Rang De works hand-in-hand with local field partners
(often local NGOs) who identify potential borrowers in local communities. Once the
borrowers’ business plans are analyzed and…