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Ratnkor

Nanabhau Girase

Food Entrepreneur

Nandurbar, Maharashtra

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ratnkor

Nanabhau Girase

#breadwinner# hardworking
Ratnkor needs a loan to buy essentials for her food processing unit.

Food Entrepreneur

Maharashtra

273 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Ratnkor

Ratnkor Girase is a hard-working woman with a strong spirit, who has a dream. She lives in the district of Nandurbar with her family of four members. She runs a food processing unit in Nandurbar and has been involved in catering to the needs of her customers for the past six years. Despite the income that she makes from her business, she struggles to meet all her family's needs on time. She is looking to expand her food processing unit and requires a loan to purchase more raw materials. Invest in Ratnkor and her dreams.

About Ratnkor Nanabhau Girase's livelihood

Ratnkor is a food entrepreneur who works 6 hours a day for 7 days a week. With this loan Ratnkor 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. Ratnkor Nanabhau Girase 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

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food store

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