What’s in it for Rang De?
Rang De is an initiative to make low cost microcredit a reality. By enabling individuals to become online Social Investors, Rang De will bring microcredit and online lending to the forefront . Rang De is a non profit entity with the sole object of connecting individuals who need money to social investors like you. Rang De will create a sustainable alternative to charity by promoting online lending as a way of life.
Rang De is an initiative to make low cost microcredit a reality. By enabling individuals to become online Social Investors, Rang De will bring microcredit and online lending to the forefront . Rang De is a non profit entity with the sole object of connecting individuals who need money to social investors like you. Rang De will create a sustainable alternative to charity by promoting online lending as a way of life.Rang De charges a nominal fee of 1% on all transactions. This is to help Rang De become sustainable and cover costs such as the payment gateway fees and server charges. .5% is kept aside as a contingency fund to partially cover cases of default caused due to genuine reasons.
