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Dipal

V Raikwar

Service Entrepreneur

Chandkheda, Gujarat

Borrower Image

Dipal

V Raikwar

#provider# familyman
Dipal needs working capital to resume services as an Ola driver.

Service Entrepreneur

Gujarat

20,000 loan is fully repaid

20,000 loan is fully repaid


About Dipal

Dipal is an Ola driver. The lockdown has put him in a difficult situation as he could not find work elsewhere and had no other option than to dip into his savings. Now he wants to get back to working, but his car needs a service as it wasn't used during the lockdown. He also needs to pay for insurance for his vehicle. With his savings depleted, Dipal needs working capital to get started. Invest in Dipal as he steers his way through these difficult times.

Interest Rate

The interest rate charged is split into returns for the social investor and charges incurred by the platform.

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

20,000

Loan
tenure

24 months

Moratorium

1 month

Repayment
mode

EMI

Investee
occupation

Others

Investee Credit Rating:
Adequate

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

Referred by Khairun Pathan
About me

I am a social worker, and have been working with Parvaaz since 2003. I am involved in work on issues faced by women - especially adolescents and Muslim women. I work with a rights based approach with the constitution of India at the center. I work on developing leadership skills, and creating a community of women leaders. We try to understand issues, support them and make them independent of even the organization itself.

Why I am referring Dipal V Raikwar

Dipal is a hardworking Ola driver. He has been working in Ola since the last 5 years. Working diligently he has been able to fulfil his family’s needs. However, since the lockdown, there has been a cut in his income. With services shutting down it was hard for Dipal to do any work, and he had no choice but to dip into his savings. Dipal is my neighbour and has worked closely with me. He needs a small amount of money to get his car serviced and pay the insurance. This will get him back on track and will help him with his situation. I want to help him get the loan through formal means which in turn will be beneficial for his future. I will support him with an interest free loan, so that he is able to get back on his own feet very soon.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS