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Kanya

Devi

Retailpreneur

Pali, Rajasthan

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kanya

Devi

#provider#positive
Support Kanya to renovate and expand her grocery store.

Retailpreneur

Rajasthan

195 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Kanya

Kanya has been running a grocery store for seven years. In the beginning, she managed to buy what she needed from the money she had set aside from her business, but this wasn't enough to keep her store looking nice and meeting her customer's needs. With your support, Kanya will be able to stand out and provide better service to her customer because of your contribution to the renovation and expansion of her grocery store. She needs to renovate her godown and purchase new stocks for her shop. This will attract more customers and she can earn better. Invest in Kanya now!

About Kanya Devi's livelihood

Kanya is a retailpreneur who works 6 hours a day for 5 days a week. With this loan Kanya will potentially obtain employment for 195 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kanya Devi 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

Loan Details

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

Loan
amount

1,00,000

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

Ghoomar Mahila Samiti
   
Partner logo

Established in

2015

With Rang De from

2020

Founded by

SAGI BAI

Registered under the societies registration act on 2nd February 2015, the federation comprises 4000 women. The federation works with the tribal communities of Rajasthan. The main source of income for the communities here is agriculture, stone-cutting and daily wage labour. With a strong presence of moneylenders charging exorbitant rates of interest, these communities have no other choice but to borrow at these rates to keep their business going. Ghoomar has been working tirelessly with these communities to help them build their livelihoods in a more sustainable manner by providing them with access to low cost credit and supporting their livelihood activities.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS