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Archana

Namdev Survase

Retailpreneur

Beed, Maharashtra

455 livelihood days

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Archana

Namdev Survase

#dedicated#gogetter
Archana needs a loan to buy sewing machine

Retailpreneur

Maharashtra

455 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Archana

Archana is a young woman who has a family of three to take care of. She is the major contributor to her family's income. Archana works as a tailor and has been in this profession for the past 10 years. She specializes in stitching salwar suits, kurtas, and sarees and her customers are mostly women from the surrounding villages. In order to expand her business further, she requires a sewing machine for her business; however, this is an expensive investment for her. With your financial support, it will be much easier for Archana to continue growing her business and striving towards her dream.

About Archana Namdev Survase's livelihood

Archana is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Archana 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. Archana Namdev Survase 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

30,000

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