Rang De: A Peer-to-Peer Lending Platform for Social Investment
Rang De is a peer-to-peer lending platform that aims to provide access to formal credit to low-income households and entrepreneurs in India. It allows users to invest in curated entrepreneurs and students, enabling them to create sustainable livelihoods. With only 7% of India's population having availed of formal credit, Rang De is committed to changing this number and giving people the opportunity to step out of poverty.
Investing in Rang De is simple. Users can choose an entrepreneur they want to support and invest an amount of their choice. They can then track their social investments' progress and get repaid with interest. Rang De promises that all investees listed on the platform are curated by their network of credible impact partners, and 100% of the capital goes straight to the investee. They are also committed to maintaining the confidentiality, integrity, and security of users' personal information.
Rang De is an Android-based platform that falls under the Business & Productivity category and subcategory of Finance. The app is free to use and offers a unique opportunity to make a difference in someone's life while earning interest on investments.
