Bebinanda resides in Beed, Maharashtra. At present, Bebinanda owns a small apparel store, selling a variety of clothing items made by her. This loan will allow her to expand her product range. She is eager to upscale her venture and wants to try new ways to grow. By investing in her venture, you're enabling her to provide better for her family.
Bebinanda is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Bebinanda will potentially obtain employment for 455 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Bebinanda Dhurve 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
₹ 12,500
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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