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Rajani

Gole

Retailpreneur

Betul, Madhya Pradesh

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rajani

Gole

#positive#believer
Support Rajani to expand her tailoring work.

Retailpreneur

Madhya Pradesh

234 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Rajani

Rajani is a hard-working woman who is striving to make her tailoring business successful. She has been operating her tailoring business for the past six years and has good expertise in her work. Her husband and other members of the family support her effort. Rajani is applying for this loan to expand her business. She has purchased a new sewing machine and wants to purchase fabrics, needles, buttons and threads, and some other accessories. Her goal is to increase the sales in her shop to purchase a new and bigger shop. Support her financially now!

About Rajani Gole's livelihood

Rajani is a retailpreneur who works 6 hours a day for 6 days a week. With this loan Rajani 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. Rajani Gole 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

Apparel store

Investee Credit Rating:
Adequate

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