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Mangal Ankush Waghmare

#hardworking#achiever
Mangal needs credit to expand her retail business.

Service Entrepreneur

Beed, Maharashtra

25,000 has been disbursed

364 potential days of livelihood i

12,499.99 is the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


Mangal is an entrepreneur. She owns a retail store in Beed, Maharashtra. The revenue from this business serves as an income for this family of five. Mangal wishes to expand her business and is seeking credit for the same. She will use this loan for restocking her her grocery shop. Support Mangal improve her family income by making her dreams come true.

I wish to build a house for my family.

About Mangal Ankush Waghmare's livelihood

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

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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 i

Investee
occupation

Others

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

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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