Kashibai is an ambitious woman and a small tailor in Kaij, Maharashtra, who looks after the needs of her family. With this loan, she will be able to purchase a new sewing machine and an electric motor for her store which will ensure better profits from her business and will also have more time to spend with her kids. A better customer base will enhance her income to provide for her family well. Invest in Kashibai today!
Kashibai Sunil is a retailpreneur who works 6 hours a day for 7 days a week. With this loan Kashibai Sunil will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Kashibai Sunil Sasane 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
₹ 25,000
Loan
tenure
18 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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