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Meena Jatav

#positive#courageous
Meena wishes to expand her business and needs credit for the same.

Retailpreneur

ALWAR, Rajasthan

50,000 has been disbursed

637 potential days of livelihood i

47,916.66 is the current outstanding balance

100 0 0 2083 0 0

100%

0%

0%


Meena Jatav is a self made entrepreneur residing in Alwar, Rajasthan. She is motivated and hardworking and contributes significantly to the family income to support her big family of six. She runs a retail store for two years and wishes to expand it. She will utilize the loan to purchase more products for her shop and meet the expenses of renovation. Let's fund Meena and support her to expand the business!

I wish to buy a four-wheeler for my family.

About Meena Jatav's livelihood

Meena is a retailpreneur who works 14 hours a day for 7 days a week. With this loan Meena will potentially obtain employment for 637 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

6.0% flat p.a.

10.8% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 3.0%

5.4% APR

Platform
charges i

1.0%

1.8% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

24 months

Moratorium

None

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

IBTADA

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

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