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Pushpa

Banshkar

Service Entrepreneur

Niwari, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Pushpa

Banshkar

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Pushpa needs credit to purchase raw materials for making cane products.

Service Entrepreneur

Madhya Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Pushpa

Pushpa is a resident of Niwari, a city that has a strong foundation in arts and crafts, so it is no surprise Pushpa has found success in her field of work. She has been engaged in cane crafts for two years now and is gaining popularity not only in her neighborhood but also in the city. Now, she wishes to expand her business and needs support from Rang De for the same. With a loan, she will be able to purchase raw materials in large quantities for making cane products. This will enable her to reach out to more markets and more customers. Invest in Pushpa now!

About Pushpa Banshkar's livelihood

Pushpa is a service entrepreneur who works 8 hours a day for 6 days a week. With this loan Pushpa will potentially obtain employment for 312 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS