Arvinda is a self made entrepreneur who runs a small boutique in Beed, Maharashtra. She lives with her family of five. She uses her creativity for her work and devotes herself in providing for her family. She needs credit to buy raw materials for her boutique to keep her business running. This loan would help her run her business successfully. Invest in Arvinda today!
Arvinda Bhagvanrao is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Arvinda Bhagvanrao will potentially obtain employment for 409 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Arvinda Bhagvanrao Gavate 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
18 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Apparel store
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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