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Desi

Trust

logoCreative Entrepreneur

logo Bangalore, Karnataka

logo 351 livelihood days i

b-img b-img b-img b-img

Desi

Trust

#golocal#innovative
Invest in Desi Trust to make them ready for the upcoming Diwali sales.

logoCreative Entrepreneur

logo Bangalore, Karnataka

logo 351 potential days of livelihood i

10,00,000 loan is fully repaid

10,00,000 loan is fully repaid


Desi Trust has been working tirelessly to provide a decent livelihood to handloom workers. They have been working with communities to provide employment that is ecologically viable in order to dissuade the local communities from migration. The Desi stores across Karnataka display a plethora of beautiful, traditional crafts such as Sarees from Chanderi, Dhurries from Warangal, and wooden toys from Channapatna, to name a few. The current pandemic crisis has affected us all for more than a year. Desi has also been grappling with this uncertainty brought about by the pandemic. With a dip in sales and a number of operational expenses to meet, Desi Trust is seeking a credit of Rs 10 lakh. This amount will be used as working capital to get the production for the upcoming Diwali sales in November 2021. They will purchase enough yearn, dye materials, and sarees with this amount. Support Desi today, as they strive to bring back their business and help them gravitate through these difficult times.

We want to set up a wholesale market for pure handloom and for naturally dyed fabric.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

4.00% flat p.a.

7.20% APR

Social
Investor i

3.20%

5.76% APR

Impact
Partner i

up to 0.00%

0.00% APR

Platform
charges i

0.80%

1.44% APR

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

Loan
amount

10,00,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Handicrafts

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

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

A

Desi Trust
   

Established in

2000

With Rang De from

2020

Founded by

Prasanna

Desi is a leading service organisation in Karnataka, in the handloom sector today. It is Bangalore based Charitable Trust run by eminent personalities from the field of art, literature, design, marketing and fashion. Desi has eleven (11) shops which have become land marks in Bangalore and other cities of Karnataka, for naturally dyed handloom garments. Desi works closely with rural artisan groups, SHGs, societies, women groups and other organisations.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0