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Nisha

Rani

Service Entrepreneur

Delhi, Delhi

351 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Nisha

Rani

#ambitious#achiever
Support Nisha as she needs a new push cart for her business.

Service Entrepreneur

Delhi

351 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Nisha

Nisha Rani is a motivated woman who is looking to expand her business. She has been selling snacks and other food items over the last year. She's now looking to invest in a new push cart to make her business more visible and accessible to the customers, thus making it easier to sell and earn. This way, she will expand her sales and income, and lead a better life with her family. Invest in her as she buys a new push cart!

About Nisha Rani's livelihood

Nisha is a service entrepreneur who works 9 hours a day for 6 days a week. With this loan Nisha will potentially obtain employment for 351 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

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

Rethela Technology Pvt Ltd
   
Partner logo

Established in

2019

With Rang De from

2022

Founded by

Sunil Jha

Empowering women and street vendors with smart push, pedal and electric carts to provide fixed and variable income support. We also connect brands with these street vendors to help them grow their sales and market.With Rang De's credit intervention, ReThela will be able to scale up their efforts in including more street vendors, promoting their livelihoods by providing them fixed and variable income opportunities with training and development support for 12 months.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS