Anjali Omprakash lives with a family of four. She owns a general store in Beed, Maharashtra. She is looking to expanding the business. With the credit, she needs to purchase products to restock her store. Expanding the business would mean a higher income for the family. This credit would help in making her dreams come true.
Anjali Omprakash is a service entrepreneur who works 7 hours a day for 7 days a week. With this loan Anjali Omprakash will potentially obtain employment for 318 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Anjali Omprakash Chavare has consented to pay the interest as below:
Investee
pays
10.00% flat p.a.
18.00% APR
Social
Investor
4.00%
7.20% APR
Platform
charges
6.00%
10.80% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 25,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Others
Established in
2008
With Rang De from
2020
Founded by
Manisha Ghule
Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.
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