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Mubina Bano

#hustler#passionate
Mubina wants to set up a new cosmetics shop.

Retailpreneur

Alwar, Rajasthan

30,000 has been disbursed

546 potential days of livelihood i

21,000 is the current outstanding balance

100 0 0 9000 0 0

100%

0%

0%


Mubina Bano owns a small business in Alwar, Rajasthan. She is looking for credit to set up her new business venture. Mubina lives with a family of five. While her husband toils hard to provide for the family, Mubina wishes to contribute to the household income by setting up her cosmetics store. The income from this venture will help her provide for a better future for her children. Invest in ambitious Mubina.

I wish to give a good education to my children.

About Mubina Bano's livelihood

Mubina is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Mubina will potentially obtain employment for 546 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

30,000

Loan
tenure

20 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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

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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