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Rani

Banskar

Creative Entrepreneur

Tikamgarh, Madhya Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rani

Banskar

#courageous#go-getter
Support Rani as she needs raw materials for making brooms.

Creative Entrepreneur

Madhya Pradesh

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rani

Rani Banskar lives in Tikamgarh, in Madhya Pradesh, with her family of four. Rani is now running her own business of making brooms. Her income from this business requires a lot of dedication, hard work and skill, but she lacks the funds to expand her work. Rani's biggest challenge is finding enough raw materials to make her products. With your support, she can buy enough raw materials to increase the production of brooms and enhance her income. Invest in Rani and her broom business!

About Rani Banskar's livelihood

Rani is a creative entrepreneur who works 7 hours a day for 6 days a week. With this loan Rani will potentially obtain employment for 273 days.

Interest Rate

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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Handicrafts

Investee Credit Rating:
Very 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