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Pammi

Kumari

Retailpreneur

Begusarai, Bihar

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Pammi

Kumari

#determined#courageous
Invest in Pammi as she wishes to purchase more stocks for her store.

Retailpreneur

Bihar

455 potential days of livelihood

35,000 loan is fully repaid

35,000 loan is fully repaid


About Pammi

Pammi Kumari is from Begusarai, Bihar, and lives with her family of four there. She has been running a retail store for over ten years to provide for her children. Now, with a small interest loan from Rang De, Pammi wishes to expand her business by purchasing more stocks. This will attract more customers and support her to overcome the financial stress caused by the pandemic. Invest in Pammi as she hopes for an income enhancement!

About Pammi Kumari's livelihood

Pammi is a retailpreneur who works 10 hours a day for 7 days a week. With this loan Pammi 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. Pammi Kumari 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

35,000

Loan
tenure

16 months

Moratorium

2 months

Repayment
mode

EMI

Investee
occupation

Retail store

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

Sarva Seva Samity Sanstha
   view website
Partner logo

Established in

2003

With Rang De from

2020

Founded by

Shri Vijay Mahajan

Sarva Seva Samity Sanstha was promoted in 2003 as a not for profit society to serve the most marginalized and in areas where most professionals were not able to reach. This is the reason it got registered in Gaya and was mandated to work with women and marginalized in the most difficult blocks where there was almost no reach of any NGO, MFI, and government programs. Sarva Seva Samity since 2003 has been working silently over the years in deep pockets of Bihar, Odisha, and Jharkhand and undertaking tasks like contract farming in Potato, Fee-based SRI, cultivation of True potato seed, undertaking saving and credit activities. With this mission to be at the grassroots and work on developing a sustainable and equitable society, Sarva Seva Samity continues to strive to bring in new technologies and processes and take up challenging issues that will help the poor and marginalized a have a better living and standard of life.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS