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Radha

Prajapati

Creative Entrepreneur

Betul, Madhya Pradesh

234 livelihood days

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Radha

Prajapati

#believer#strength
Radha needs credit to purchase clay pots for her shop.

Creative Entrepreneur

Madhya Pradesh

234 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Radha

Radha is a hard-working woman who has been working as a potter in Betul for over six years. She is fully focused on developing her business and improving her craft to earn a stable income for her family. Radha is proud of her work and has a lot of experience in making clay and ceramic pots, the demand for which is always on the rise. With this loan, she will be able to buy clay and produce pots, fully capitalizing on her years of experience and skills. Radha is sure that if given the chance she won't disappoint you and will be able to meet the community's demand for products. Have your own share in supporting Radha's mission towards development, growth, and prosperity.

About Radha Prajapati's livelihood

Radha is a creative entrepreneur who works 6 hours a day for 6 days a week. With this loan Radha will potentially obtain employment for 234 days.

Interest Rate

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Handicrafts

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

ASA Development Services
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

Mr. Ashis Mondal

ASA Development Services (ASADS) is a non-profit company that was started in 2007 to utilise approaches of partnership, collaboration, resource pooling, and knowledge sharing to accelerate the process of development of the rural poor. ASADS complements work of its promoting organization Action for Social Advancement (ASA), by layering support services on the field. ASADS builds crucial financial links between the poor and the lending partners in the sector to bridge the gap of rural and urban development.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS