Add the colour ‘Green’ to your social investments!

May 7, 2011
By Rang De Team
By Diksha Belwal, Rang De Team

In this go green era, use of plastic material still doesn’t sound out of place. Does it? We are still at a very nascent stage of avoiding plastic bottles and carry bags altogether. It is so much a part of our day to day life -be it for shopping veggies, groceries or apparel. In this scenario how does recycling of such non-biodegradable material sound?

<i>Bharathi Raja - group member of Topaz!</i>

This is what some of our recent borrowers are involved in. Rang De, with the help of social investors and the field partner Industree crafts is providing capital to a group of borrowers. The group which is called ‘Topaz’ collects used plastic bottles from rag pickers which is then crushed into pieces and supplied to big players including Reliance. They have got a few crushing machines and are hoping to get a loan to upgrade them and also to procure plastic items from rag pickers

Topaz is a 15 member group associated with plastic recycling for the past one year. Involving in businesses such as this not only helps them support their family but also helps in keeping the city clean. Could you think of anything better than this? You can help them pursue their dream

Look out for Microventures when you search for borrowers. Entrepreneurs and loans listed in this category always have something unique about them.You could diversify your social investments portfolio by investing in these businesses!

After 11 years of operations, Rang De is now taking a massive leap forward with our brand new peer-to-peer lending platform Check it out.

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