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Nikita

Vijendra Deshmukh

Food Entrepreneur

Raigad, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Nikita

Vijendra Deshmukh

#passionate#achiever
Assist Nikita as she needs baking and storage items for her business.

Food Entrepreneur

Maharashtra

273 potential days of livelihood

60,000 loan is fully repaid

60,000 loan is fully repaid


About Nikita

Nikita operates a food stall in Raigad, offering cakes and other food items to her customers. She has been working in this industry for the past two years and has witnessed significant growth in her business. Despite the excellent business she is doing, she still struggles to run her business successfully. To further expand her business, she has a number of requirements including baking and storage items that she has identified as the need of the hour. She needs a loan to purchase a refrigerator, cupboards, packing materials, and quality raw materials for making cakes. Support Nikita as she takes her business to new heights.

About Nikita Vijendra Deshmukh's livelihood

Nikita is a food entrepreneur who works 6 hours a day for 7 days a week. With this loan Nikita will potentially obtain employment for 273 days.

Interest Rate

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

Investee
pays

3.00% flat p.a.

5.40% APR

Social
Investor

3.00%

5.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

60,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food stall

Investee Credit Rating:
Very 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

Givfunds Social Ventures
   
Partner logo

Established in

2018

With Rang De from

2022

Founded by

Mr. Irwan Malhotra

Givfunds provides low cost capital to impactful social enterprises. Through their ecosystem-level approach and tech-enabled processes, Givfunds unlocks sustainable capital for social enterprises to create greater impact and change lives. Givfunds also works to create empowered women entrepreneurs by providing them access to financial, entrepreneur & digital training and credit to start their own nano/micro enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS