false
false 0 0 avqRYAjDoB

Kadimisetti

Padmavathi

logoService Entrepreneur

logo visakhapatnam, Andhra Pradesh

logo 2,00,000 has been disbursed

logo 546 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img

Kadimisetti

Padmavathi

#breadwinner#hardworking
Invest in Padmavathi as she expands her retail store.

logoService Entrepreneur

logo visakhapatnam, Andhra Pradesh

logo 2,00,000 has been disbursed

logo 546 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

191,666.29 is
the current outstanding balance

100 0 0 8334 0 0

100%

0%

0%


Kadimisetti Padmavathi owns a retail store in the Visakhapatnam district in Andhra Pradesh. Her store mainly sells stationary and other hobbies. She is looking to raise a loan to buy more books and stationery for her inventory. Padmavathi is a woman with a vision and a voice. She has experienced her share of challenges, so she understands how difficult it is to overcome them and thrive. She thinks it is the right time to invest some amount in her business so that she can scale up and can plan to take her business to the next level. Her future dream is to open a super market and keep all kinds of stuff and have a huge customer base. Invest in Padmavathi as she provides for a wider inventory of books, stationery, and other items.

My dream is to enjoy a secure future with my family.

About Kadimisetti Padmavathi's livelihood

Kadimisetti is a service entrepreneur who works 12 hours a day for 7 days a week. With this loan Kadimisetti 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 The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

8.00%

14.40% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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

Loan
amount

2,00,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Others

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

BCT-Grameena Incubation Centre
   

Established in

2020

With Rang De from

2022

Founded by

B. Sri Ram Murty

With its focus on ‘Rural prosperity for India’s growth’, Bhagavatula Charitable Trust is a non-profit, non-sectarian social service organization involved in transforming rural Andhra Pradesh. Established in 1976, our four-decade-long journey has centered on diverse aspects that impact development and enhance the quality of life for people in rural Andhra Pradesh, especially in the Visakhapatnam district. Working with a participatory approach, our integrated rural development programs nurture change agents within villages and create a paradigm for replication both nationally as well as internationally. Founded by Dr. BV Parameswara Rao, BCT has conducted over 100 pilot programs, a few of which have become models for replication across the country. These include women's self-help groups (precursor to DWACRA and SHG), rural banking, wasteland development, development of literacy primers etc. Today BCT continues to focus its energies on education, livelihoods, support to specially-abled, agricultural communities and rural entrepreneurship models. BCT is registered under the 1860 Societies Registration Act with number 412, and registered under FCRA during the year 1984. Grameena Incubation Center (GIC) is working towards promotion of entrepreneurship amongst women, people with disabilities and youth in rural areas.Also focuses on creating a model of entrepreneurial training to help rural women with micro and small enterprises scale up their business by providing them with mentoring, training and possible financial assistance. GIC has started a pilot project before the COVID lockdown to access the interest women entrepreneurs have to improve their business.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0