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Gulab

Banjara

Retailpreneur

Alwar, Rajasthan

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gulab

Banjara

#spirited#gogetter
Invest in Gulab and support her in purchasing a freezer.

Retailpreneur

Rajasthan

546 potential days of livelihood

18,000 loan is fully repaid

18,000 loan is fully repaid


About Gulab

Gulab Banjara is a resident of Alwar, Rajasthan. She runs a small retail store in her village. The income from her business supports the expenses of her family. Gulab is now looking to expand her business. She is seeking credit to purchase a freezer so she can sell cold drinks and milk products. She hopes her small endeavor will better the quality of life for her family and help them make ends meet.

About Gulab Banjara's livelihood

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

Interest Rate

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

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

4.00%

7.20% APR

Loan Details

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

Loan
amount

18,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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

Ibtada
   view website
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS