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Geeta

Singadiya

Retailpreneur

Jhabua, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Geeta

Singadiya

#passionate#achiever
Invest in Geeta to set up a Kirana shop for a stable income.

Retailpreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Geeta

Geeta is a woman who knows how to go with the flow. She is currently planning to set up a Kirana shop near her home but she lacks the capital to do so. This loan will not just help her set up a new retail shop but give her the chance to prove herself through her hard work and determination in spite of all the odds. Give Geeta the hope of starting a new business and of a brighter future. These loans will empower her to continue with her mission of obtaining a stable income and investing in personal development.

About Geeta Singadiya's livelihood

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

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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

Co-curated and referred by our Impact Partner

ASA Development Services
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

Mr. Ashis Mondal

ASA Development Services (ASADS) is a non-profit company that was started in 2007 to utilise approaches of partnership, collaboration, resource pooling, and knowledge sharing to accelerate the process of development of the rural poor. ASADS complements work of its promoting organization Action for Social Advancement (ASA), by layering support services on the field. ASADS builds crucial financial links between the poor and the lending partners in the sector to bridge the gap of rural and urban development.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS