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Anjalina

Reddy

Retailpreneur

Beed, Maharashtra

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Anjalina

Reddy

#strength#ambitious
Anjalina needs a loan to buy a sewing machine.

Retailpreneur

Maharashtra

455 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Anjalina

Anjalina Reddy is a self-made woman who has been supporting her family for three years. She invested her first year's profits in buying an apparel products store. Now, she sells beaded saris, salwar-cholis, stoles, and other designer garments. She is a hardworking young woman who doesn't believe in compromising on quality and that is why her customers always return to her. She doesn't want to confine herself to a small interior space. She wants to widen her horizon and make the best out of her business. With the help of this loan, she will be able to purchase a sewing machine. Structured training will be provided in using the sewing machine and Anjalina will be able to produce more clothes in a limited time. She will be able to supply more orders and thus more income.

About Anjalina Reddy's livelihood

Anjalina is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Anjalina will potentially obtain employment for 455 days.

Interest Rate

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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel store

Investee Credit Rating:
Good

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

Navchetana Sarvagin Vikas Kendra
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS