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2022
Social Investor
Jun 2022
Started in 2008, Rang De is India’s first and pioneering social peer to peer (P2P) lending platform with a mission to provide access to low cost and affordable credit. It leverages the power of empathy and technology and, via its platform, enables individuals to invest in first time borrowers - farmers, entrepreneurs and students from low-income households who are financially excluded.
Rang De was supported by ICICI Foundation and Tata Trusts until 2017 and raised more than INR 80 crores from 15,000+ individuals and disbursed it to 65,000 low-income households.
In 2019, the new platform, RangDe.in was launched, a Non-Banking Financial Company (NBFC P2P), to become the first RBI regulated social peer-to-peer lending platform in India.
Rang De Advantage:
Rang De provides a unique opportunity for individuals to make social investments. For a global Indian who wants to contribute not through charity, Rang De’s unique social investing model is an instant hit. Unlike in traditional charity, social investing enables our social investors to redeploy the repayments they receive, thus creating an infinite loop of impact.