₹ 5,445 is
the current outstanding balance
82%
0%
0%
18%
Priya is a hard-working woman. She owns an apparel store that sells all kinds of clothing, accessories, and footwear for women. Having spent six years in this business, she creates a demand among her customers with new stocks and a lineup of a variety of products. Priya requires a loan to purchase fresh stock. By doing this she will be able to generate more revenue. Invest in Priya's venture and promise her a sustainable future.
Priya is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Priya will potentially obtain employment for 318 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Priya Chalak 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
₹ 30,000
Loan
tenure
18 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Apparel store
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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