false
false 0 0 cdknApWpWX

Gita

Shivakumar Bharati

Creative Entrepreneur

Nandurbar, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gita

Shivakumar Bharati

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Gita needs to purchase a sewing machine to expand her business.

Creative Entrepreneur

Maharashtra

273 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Gita

Gita's is an inspiring story of a woman who was able to do something about herself and her family. With her exceptional skills in embroidery and her talent for excellent craftsmanship, her skills are highly demanded and she can command a fee that is beyond any other craftsman in the market. However, she cannot merely expand her business and invest in her family's future by frequently buying new threads and getting a new set of tools because of the financial crisis faced by her husband, who is a daily wage labourer. Gita is determined to build a better future for her children and needs the credit to purchase a sewing machine which will help her improve both the quality of her work and the quantity of her output. With the help of this loan, she can now purchase a sewing machine, threads and other basic necessities to expand her business.

About Gita Shivakumar Bharati's livelihood

Gita is a creative entrepreneur who works 6 hours a day for 7 days a week. With this loan Gita will potentially obtain employment for 273 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

10,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

Investee Credit Rating:
Very 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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS