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Geeta

Jawanjal

Service Entrepreneur

Beed, Maharashtra

364 livelihood days

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Geeta

Jawanjal

#Hardworking
Geeta needs a loan for her flour mill.

Service Entrepreneur

Maharashtra

364 potential days of livelihood

15,000 loan is fully repaid

15,000 loan is fully repaid


About Geeta

Geeta is a resident of the city of Beed, Maharashtra. She was born and brought up here. She'd seen her people struggling for their basic needs. So she opened this flour mill 5 years back and has been running successfully. Now she wants to add machines that are equipped for grinding spices and other pulses. Her present one also needs a service. Hence for meeting all these expenses, she needs a loan of Rs.15000/- from Rang De. With this loan, she is hoping to increase her income and start saving for her kid's educational expenses. Be a part of her business journey by contributing to her loan.

About Geeta Jawanjal's livelihood

Geeta is a service entrepreneur 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 Jawanjal 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

15,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

Investee Credit Rating:
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

Navchetana Sarvagin Vikas Kendra
   
Partner logo

Established in

2008

With Rang De from

2020

Founded by

Manisha Ghule

Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS