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Neha

Raghuvanshi

Creative Entrepreneur

Shikarpura, Madhya Pradesh

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Neha

Raghuvanshi

#courageous#go-getter
Invest in Neha's tailoring unit and enable her purchase essential raw materials.

Creative Entrepreneur

Madhya Pradesh

234 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Neha

Neha is a hard-working and ambitious woman, who has been practicing tailoring for several years now. With the passage of time, Neha's responsibilities have increased in her family; the support of her husband is very influential in building a positive future for her children. She wishes to expand her tailoring unit now to enhance her income. She needs a loan for the same and it will be used to purchase essential clothes and other raw materials for stitching. Support Neha to expand her business and lead a quality life!

About Neha Raghuvanshi's livelihood

Neha is a creative entrepreneur who works 6 hours a day for 6 days a week. With this loan Neha will potentially obtain employment for 234 days.

Interest Rate

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

Investee Credit Rating:
Adequate

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

ASA Development Services
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

Mr. Ashis Mondal

ASA Development Services (ASADS) is a non-profit company that was started in 2007 to utilise approaches of partnership, collaboration, resource pooling, and knowledge sharing to accelerate the process of development of the rural poor. ASADS complements work of its promoting organization Action for Social Advancement (ASA), by layering support services on the field. ASADS builds crucial financial links between the poor and the lending partners in the sector to bridge the gap of rural and urban development.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS