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Padminbai

Bamane

Retailpreneur

Beed, Maharashtra

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Padminbai

Bamane

#brave#keen
Padminbai needs a loan to stock her apparel store.

Retailpreneur

Maharashtra

455 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Padminbai

Padminbai belongs to a small town in Beed. For the past 12 years, Padminbai has dedicated herself to the success of her business which is the main source of income for her family. She has immensely made use of the resources at hand and has set up her store on her own. Her business revolves around a variety of clothing and accessories. This loan will help her purchase the required stock and ensure a steady flow of customers. Become a partner in Padminbai's business and invest in her success towards a better future.

About Padminbai Bamane's livelihood

Padminbai is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Padminbai will potentially obtain employment for 455 days.

Interest Rate

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

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Apparel store

Investee Credit Rating:
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

Navchetana Sarvagin Vikas Kendra
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS