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Kadimisetti

Padmavathi

Service Entrepreneur

visakhapatnam, Andhra Pradesh

2,00,000 has been disbursed

546 livelihood days

Borrower Image 1 Borrower Image 2

Kadimisetti

Padmavathi

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

Service Entrepreneur

Andhra Pradesh

2,00,000 has been disbursed

546 potential days of livelihood

49,993.22 is
the current outstanding balance

100 0 0 0 150007 0 0 0

100%

0%

0%

0%


About Kadimisetti

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.

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.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Investee
occupation

Others

Investee Credit Rating:
Excellent

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

BCT-Grameena Incubation Centre
   
Partner logo

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS