Ambitious Jyoti Jogdand is not new to the apparel business sector. She has six years of experience running her store and is now ready to take her business to the next level. She intends to expand her store by purchasing new tailoring machines and attracting more customers. She hopes to bring additional income into the family through the expansion of her tailoring business. Support Jyoti in making her dreams come true.
Jyoti is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Jyoti will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Jyoti Jogdand 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Apparel store
Established in
2008
With Rang De from
2020
Founded by
Manisha Ghule
Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.
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