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Kiran Thorat

#growth#provider
Kiran needs credit to expand her apparel business.

Retailpreneur

Beed, Maharashtra

25,000 has been disbursed

364 potential days of livelihood i

16,666.66 is the current outstanding balance

100 0 0 8333 0 0

100%

0%

0%


Kiran Thorat is an ambitious woman. She juggles being a full-time mother while simultaneously running an apparel store in Beed, Maharashtra. Now, Kiran wishes to expand her business venture by adding more clothing to the store. She needs to purchase more kids' wear and sarees to the store. This will help support her husband who works in the agricultural sector and will also let Kiran save up money to construct a house in Beed for her family and her. The loan will help boost the sales at the store by drawing in more customers and in the process empower Kiran as she strives to become a successful businesswoman.

I wish to give a good future for my children.

About Kiran Thorat's livelihood

Kiran is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Kiran 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.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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 i

Investee
occupation

Apparel store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Navchetana Sarvagin Vikas Kendra

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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