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Ashabai

Jale

Retailpreneur

Beed, Maharashtra

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ashabai

Jale

#dedicated#gogetter
Ashabai needs a loan to stock up her general store.

Retailpreneur

Maharashtra

455 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Ashabai

Ashabai is a resident of Beed, who has been in the retail business for over 10 years. With her hard work, Ashabai has built a great reputation for her retail store and her customers love her. This loan will be used to purchase bulk orders and stock her store, enabling her to increase her products range, which will mean more income for her.

About Ashabai Jale's livelihood

Ashabai is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Ashabai 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. Ashabai Jale 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

Retail 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