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Gudiya

Kumari

Service Entrepreneur

पाली, Rajasthan

195 livelihood days

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Gudiya

Kumari

#passionate#achiever
Support Gudiya to purchase sewing machines and cloth materials for her tailoring shop.

Service Entrepreneur

Rajasthan

195 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Gudiya

Gudiya Kumari is a young and hardworking woman from Pali, Rajasthan. She has started her own tailoring shop after years of sacrifice so that she can extend a helping hand to her family members. She is confident that her business will be successful if provided with enough loan support. This loan will help her purchase two new sewing machines and cloth materials required for this business. Thus, she will be able to take more orders from her customers and deliver them soon. Your contribution will help strengthen the efforts of Gudiya to improve the quality of life of herself and her family. Invest in her today!

About Gudiya Kumari's livelihood

Gudiya is a service entrepreneur who works 6 hours a day for 5 days a week. With this loan Gudiya will potentially obtain employment for 195 days.

Interest Rate

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

50,000

Loan
tenure

18 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

Ghoomar Mahila Samiti
   
Partner logo

Established in

2015

With Rang De from

2020

Founded by

SAGI BAI

Registered under the societies registration act on 2nd February 2015, the federation comprises 4000 women. The federation works with the tribal communities of Rajasthan. The main source of income for the communities here is agriculture, stone-cutting and daily wage labour. With a strong presence of moneylenders charging exorbitant rates of interest, these communities have no other choice but to borrow at these rates to keep their business going. Ghoomar has been working tirelessly with these communities to help them build their livelihoods in a more sustainable manner by providing them with access to low cost credit and supporting their livelihood activities.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS