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Jal Bai

#dedicated#strong
Jal needs a loan to stock her retail business.

Retailpreneur

Alwar, Rajasthan

40,000 has been disbursed

546 potential days of livelihood i

23,333.3 is the current outstanding balance

100 0 0 16667 0 0

100%

0%

0%


Jal is from alwar and supports a family of four. She is planning to stock up goods for her retail store. She is now ready to expand her business. The loan will be utilised to purchase new set of garments and cosmetics, as well as to establish partnerships with suppliers, and stock up good quality products. Invest in pioneering Jal and watch her uplift her community as she soars.

I want to support my family for a secure future.

About Jal Bai's livelihood

Jal is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Jal 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

40,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

B

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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