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Deepa Devi

#ambitious#courageous
Deepa needs credit to expand her business.

Retailpreneur

Alwar, Rajasthan

30,000 has been disbursed

364 potential days of livelihood i

20,000 is the current outstanding balance

88.89 0 11.11 10000 1250 0

89%

11%

0%


Deepa has over nine years of experience in the animal husbandry business. She now wishes to take a step forward in her entrepreneurial journey. She wishes to open a retail store in Alwar, Rajasthan. The credit that she avails will be used to stock up and launch her store. She wishes to bring in more income into the family of five. Invest in making Deepa's dreams come true.

I wish to build a big house for my family.

About Deepa Devi's livelihood

Deepa is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Deepa will potentially obtain employment for 364 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

6.0% flat p.a.

10.8% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 3.0%

5.4% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

30,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel store

i :

B

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

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

A

Financial
Profile i

B

IBTADA

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

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