Support Rina Mondal And Group | India's largest Crowdfunding | Milaap
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Rina Mondal And Group is crowdfunding to purchase varieties of better quality paint colors and necessary tools for her husband's painting business.

Rina Mondal And Group

Lend a little. Change a lot.

Funded
$1,395.21

Still Requires
$0.00

Fully Funded

1 share = $18 in contribution on average

Our Story

Rina is a 43-year-old married woman hailing from the district of North 24 Parganas in West Bengal. She has a household size of three members and a monthly income of INR 20,000. She wants to support her husband's business where he is a mason and he paints houses, buildings, banners, logo, etc. She wants to expand this for which she has applied for a loan amount of INR 115,000 from Milaap's field partner WeGrow. With the amount, she can purchase the necessary raw materials such as better quality paint colors, sandpaper, brush, tar pin oil, etc. Rina was joined by her friends who also wanted to expand their respective businesses to acquire an improved status. Rina and her friends are grateful to their lenders for this financial support.

Partner Details

WeGrow

  • Partner since: 24 Sep, 2020
  • Total amount disbursed: Rs.101,808,000

WeGrow Financial Services Private Limited, a private limited company, incorporated under Ministry of Corporate Affairs vide Corporate Index Number(CIN): U67120WB1989PTC047609 having its Registered Office at 13 Rishi Bankim Road, Nimta, Kolkata 700049 and Corporate Office at AE – 601, Sector – I, Salt Lake City, Kolkata 700064. Being an NBFC, the company is also registered with Reserve Bank of India having Registration No. B-05-03201 dated 10th July, 2019.
As an NBFC, presently we are working for the socio-economic development of the downtrodden women of the society in West Bengal. Our activities are mostly based on providing financial support precisely micro-credit along with very specially designed training programmes including Financial Literacy for different income generating activities to the members of the Self Help Groups organized by the organization consisting of 100% women.

Read more about WeGrow

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Loan details

  • Status: Will start repaying
  • Lend by: '11 Apr 2025'
  • Repayment Term: 12 months
  • Repayment Period: Jun 2025 to Jun 2026
  • Interest cost to borrower: 14.93% (flat per annum)

Lenders (22)

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