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Warwat Mayuri

Vikram

Retailpreneur

Beed, Maharashtra

409 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Warwat Mayuri

Vikram

#Breadwinner# Hardworking
Mayuri needs a loan to upscale her tailoring unit.

Retailpreneur

Maharashtra

409 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Warwat Mayuri

Mayuri has been into professional tailoring for nearly 7 years and has become reliable for her customers. Mayuri works from her home, which also serves as her workspace. She orders cloth from the market and then designs and makes clothes upon order. She decided to invest in her own business and upscale her tailoring unit. The loan will be used to buy a new sewing machine and other sewing materials to run her business smoothly. It will also help Mayuri supply her dresses to an apparel brand, which will offer her a new source of income.

About Warwat Mayuri Vikram's livelihood

Warwat Mayuri is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Warwat Mayuri will potentially obtain employment for 409 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Warwat Mayuri Vikram has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Investee
occupation

Apparel store

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Navchetana Sarvagin Vikas Kendra
   
Partner logo

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

FUNDS

INDIVIDUALS