Pragati is an entrepreneur and she lives in the Beed district of Maharashtra. Pragati manages her Beauty parlor, located near the house. Now, she is planning to add a few furniture to her parlor and requires some credit for the same. With the assistance, she will buy a chair and a big mirror for easing her work and to attract more customers. This will increase her business and the profit she makes. Support Pragati to expand her business!
Pragati Mohan is a beautypreneur who works 9 hours a day for 7 days a week. With this loan Pragati Mohan will potentially obtain employment for 409 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Pragati Mohan Ghodake 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
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
Beauty parlour
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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