Nagamani Pradhan owns a small stall where she sells vegetable by the street in Beed, Maharashtra. She is looking for credit to expand her business activities. With over ten years of experience in cultivating and selling vegetables, Nagamani's business has been a main source of her household income. Expansion of the business would mean an increased income and a better livelihood for the family. Invest in Nagamani to support her dreams today.
Nagamani is an agripreneur who works 6 hours a day for 7 days a week. With this loan Nagamani will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nagamani Pradhan 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
Impact
Partner
up to 4.00%
7.20% APR
Platform
charges
2.00%
3.60% 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
Investee
occupation
Farming
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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