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Anjali

Vir

Retailpreneur

Betul, Madhya Pradesh

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Anjali

Vir

#Breadwinner# Hardworking
Anjali needs a loan to restock her grocery store.

Retailpreneur

Madhya Pradesh

234 potential days of livelihood

₹ 20,000 loan is fully repaid

₹ 20,000 loan is fully repaid

About Anjali

Anjali is a hardworking woman with a desire to succeed in life. She depends solely on her store for her livelihood and to take care of her kids. Anjali has been running this grocery store for 6 years now. This store sells many important items, such as rice, pulses, oil and spices. Customers come to Anjali's shop to purchase these items because they are good quality. Anjali does not want to further depend on moneylenders for borrowing money for her business needs. With the assistance of this loan, she will be able to restock her shop in time for the upcoming Ganesh festival.

About Anjali Vir's livelihood

Anjali is a retailpreneur who works 6 hours a day for 6 days a week. With this loan Anjali will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Anjali Vir 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

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

₹ 20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Adequate

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

ASA Development Services
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

Mr. Ashis Mondal

ASA Development Services (ASADS) is a non-profit company that was started in 2007 to utilise approaches of partnership, collaboration, resource pooling, and knowledge sharing to accelerate the process of development of the rural poor. ASADS complements work of its promoting organization Action for Social Advancement (ASA), by layering support services on the field. ASADS builds crucial financial links between the poor and the lending partners in the sector to bridge the gap of rural and urban development.

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3

₹ 3000

Proceed to Pay

3

Total: ₹3000

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