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Mamta

Devi

logoRetailpreneur

logo Samastipur, Bihar

logo 30,000 has been disbursed

logo 455 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Mamta

Devi

#go-getter#achiever
Support Mamta to expand her business and enhance her income.

logoRetailpreneur

logo Samastipur, Bihar

logo 30,000 has been disbursed

logo 455 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

11,250 is
the current outstanding balance

100 0 0 18750 0 0

100%

0%

0%


Hailing from Samastipur, Bihar, Mamta is a hardworking woman who has been running a Khirana shop for the past ten years in order to earn the daily bread and butter for her family of five. Now, Mamta wishes to renovate her store and purchase new stocks to attract more customers. This expansion would help Mamta to enhance her income and provide better for her family.

I wish to set up a big shop for my business.

About Mamta Devi's livelihood

Mamta is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Mamta will potentially obtain employment for 455 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

30,000

Loan
tenure

16 months

Moratorium

2 months

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail 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.

Sarva Seva Samity Sanstha
   view website

Established in

2003

With Rang De from

2020

Founded by

Shri Vijay Mahajan

Sarva Seva Samity Sanstha was promoted in 2003 as a not for profit society to serve the most marginalized and in areas where most professionals were not able to reach. This is the reason it got registered in Gaya and was mandated to work with women and marginalized in the most difficult blocks where there was almost no reach of any NGO, MFI, and government programs. Sarva Seva Samity since 2003 has been working silently over the years in deep pockets of Bihar, Odisha, and Jharkhand and undertaking tasks like contract farming in Potato, Fee-based SRI, cultivation of True potato seed, undertaking saving and credit activities. With this mission to be at the grassroots and work on developing a sustainable and equitable society, Sarva Seva Samity continues to strive to bring in new technologies and processes and take up challenging issues that will help the poor and marginalized a have a better living and standard of life.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0