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Muktabai

Turukmare

logoService Entrepreneur

logo Beed, Maharashtra

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Muktabai

Turukmare

#provider#resilient
Muktabai needs credit to expand her business.

logoService Entrepreneur

logo Beed, Maharashtra

logo 364 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


Muktabai lives in Beed, Maharashtra, where she is an entrepreneur. She receives income from running a small general store. She is looking to expand this business so that she can enhance her livelihood. She needs to purchase more groceries for her store with the credit. Her business helps support a family of five. Invest in Muktabai so that she can expand her business and provide for her family.

I wish to build a big house for my family.

About Muktabai Turukmare's livelihood

Muktabai is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Muktabai 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 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

Others

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