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Lalita

Gole

logoRetailpreneur

logo Beed, Maharashtra

logo 409 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Lalita

Gole

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

logoRetailpreneur

logo Beed, Maharashtra

logo 409 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

25,000 loan is fully repaid

25,000 loan is fully repaid


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.

I wish to give a good education to my children.

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.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% 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 Equated Monthly Instalment

Investee
occupation

Apparel store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0