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Mamta Devi

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

Retailpreneur

Samastipur, Bihar

30,000 has been disbursed

455 potential days of livelihood i

28,125 is the current outstanding balance


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 i

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

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 i

Investee
occupation

Retail 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

Sarva Seva Samity Sanstha

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.

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