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Gavit Vijaybhai

Lahnubhai

Creative Entrepreneur

Dangs, Gujarat

50,000 has been disbursed

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gavit Vijaybhai

Lahnubhai

#breadwinner#hardworking
Support Vijaybhai in expanding his bamboo handicraft business.

Creative Entrepreneur

Gujarat

50,000 has been disbursed

273 potential days of livelihood

19,442.11 is
the current outstanding balance

100 0 0 0 30558 0 0 0

100%

0%

0%

0%


About Gavit Vijaybhai

Vijaybhai is a hard-working man who has worked very hard for the past ten years and has managed to grow his bamboo handicraft business in the Dangs district of Gujarat. He has a family of four members. Vijaybhai's family has made the business flourish and has been making steady profits. However, Vijaybhai would like to expand his business and make it flourish further by purchasing hardware material and raw material for bamboo handicrafts. With a loan Vijaybhai will be able to purchase the material he needs to expand his business. Invest in Vijaybhai with a loan to purchase the hardware material and raw material for bamboo handicrafts.

About Gavit Vijaybhai Lahnubhai's livelihood

Gavit Vijaybhai is a creative entrepreneur who works 7 hours a day for 6 days a week. With this loan Gavit Vijaybhai will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Gavit Vijaybhai Lahnubhai has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Handicrafts

Investee Credit Rating:
Very Good

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

Co-curated and referred by our Impact Partner

Aga Khan Rural Support Programme (India)
   
Partner logo

Established in

1983

With Rang De from

2023

Founded by

His Highness the Aga Khan

AKRSP (I) is a non-denominational, non-government development organisation. AKRSP (I) works as a catalyst for the betterment of rural communities by providing direct support to local communities. AKRSP (I) is active in over 2700 villages of Gujarat, Madhya Pradesh, and Bihar. It has impacted the lives of over 1.5 million people from marginalised sections of society. Over 80% of the households impacted by AKRSP (I)'s work belong to marginalised communities like tribals, dalits, and minorities. Over 60% of beneficiaries are women who form a core group for program interventions. AKRSP (I) has pioneered various participatory development approaches in the country and has won various national and international accolades for this. The backbone of AKRSP (I)'s work is the empowerment of rural communities, particularly in underprivileged communities and for women – through collectivisation as well as promotion of individual enterprises. You can read more about AKRSP(I) from www.akrspindia.org.in

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS