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Gita Devi

#determined#hustler
Gita wants to expand her inventory.

Retailpreneur

Alwar, Rajasthan

25,000 has been disbursed

546 potential days of livelihood i

17,709 is the current outstanding balance

87.49 0 12.51 7291 1042 0

87%

13%

0%


Gita is a skilled entrepreneur and expert retailer based in Alwar, Rajasthan. She works hard to meet the needs of her family. Gita has been running small retail and general store and has created a good income for herself over the past few years. Her customers are looking for more products, and Gita is enthusiastic to fulfill their needs. She intends to extend the range of goods available at her store. Invest in Gita today.

I want to provide my children with a better future.

About Gita Devi's livelihood

Gita is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Gita will potentially obtain employment for 546 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

24 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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