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Geeta

Bamne

Creative Entrepreneur

Betul, Madhya Pradesh

234 livelihood days

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Geeta

Bamne

#courageous#go-getter
Invest in Geeta for the smooth running of her bell making work.

Creative Entrepreneur

Madhya Pradesh

234 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Geeta

It has been six years since Geeta started her bell making business. Geeta is a resident of Betul district in Madhya Pradesh. She has been an enterprising lady from a young age, and at present she focuses on her bell-making business. With these bells she can earn to provide for her family of four. At times she provides bell-making training to local women. With the loan she will be able to buy raw materials like brass, bronze, and threads required to make her products. That way, she will be able to make more bells at a time, thus increasing the amount of raw material that can be purchased with the same money. Your support will help Geeta reach more people, earn more, and provide her own family with better opportunities.

About Geeta Bamne's livelihood

Geeta is a creative entrepreneur who works 6 hours a day for 6 days a week. With this loan Geeta will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Geeta Bamne 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

Handicrafts

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