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Geeta Devi

#gogetter#ambitious
Geeta needs credit to expand her retail store.

Retailpreneur

Alwar, Rajasthan

25,000 has been disbursed

637 potential days of livelihood i

12,499.99 is the current outstanding balance

90 0 10 12500 1389 0

90%

10%

0%


Geeta Devi is an entrepreneur. She runs a retail outlet in Alwar, Rajasthan. The revenue from this business serves as an income for this family of four. Geeta wishes to expand her business and is seeking credit to purchase furniture to revamp her shop. She also wishes to restock the products for the business. She dreams of setting up and expanding her store. Invest in Geeta as she wins for her family.

I wish to expand my shop and set up a successful business.

About Geeta Devi's livelihood

Geeta is a retailpreneur who works 14 hours a day for 7 days a week. With this loan Geeta will potentially obtain employment for 637 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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail 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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