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Lalita

Gole

Retailpreneur

Beed, Maharashtra

409 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Lalita

Gole

#provider#resilient
Invest in Lalita as she expands her business by restocking her store.

Retailpreneur

Maharashtra

409 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Lalita

Lalita is an ambitious woman. She is running an apparel store in Beed, Maharashtra. Now, Lalita wishes to expand her business venture by adding more clothing to the store. This will help support her husband who works in the agricultural sector and will also let Lalita save up money to provide good higher education for her children. The loan will help boost the sales at the store by drawing in more customers and in the process empower Lalita as she strives to become a successful businesswoman.

About Lalita Gole's livelihood

Lalita is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Lalita will potentially obtain employment for 409 days.

Interest Rate

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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel 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

Navchetana Sarvagin Vikas Kendra
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS