Bhimraj Nannavre

#humble#hardworking
Hardworking construction worker Bhimraj is looking forward to his own home.

Service Entrepreneur

Ahmednagar, Maharashtra

50,000 loan needed Tranche : 1


About Bhimraj Nannavre

Bhimraj has been working as a construction worker for over 30 years. After years of building homes for others, he finally has the chance to reside in a comfortable home himself. He plans to soon get his children married and is glad that he will have a beautiful home to welcome his in-laws. Bhimraj is really looking forward to a future where he will be able to relax at home and enjoy precious time with his children and grandchildren.

I dream of spending time with my children and grandchildren at home.
Interest Rate
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

5.5% flat p.a.

9.9% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.5%

2.7% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

30 months

Previous
loans

0

Investee
occupation

Construction

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


×

Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Co-curated and referred by our Impact Partner
Snehalaya

Established in

1989

With Rang De from

2020

Founded by

Girish Kulkarni

Snehalaya works towards developing awareness and capabilities of individuals who have been deprived of their fundamental rights, as a result of the inequalities that exist in our society. The agency provides rescue, rights and rehabilitative services to the communities in most need. They are now working with Curry Stone Design Collaborative and Hunnarshala Foundation on a redevelopment program for the slums of Sanjaynagar in Ahmednagar.

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