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Chavan Rekha Nanasaheb

#go-getter#ambitious
Rekha needs a sewing machine and an electric motor for her shop.

Service Entrepreneur

Beed, Maharashtra

25,000 has been disbursed

409 potential days of livelihood i

18,056.65 is the current outstanding balance

83.32 0 16.68 6943 1390 0

83%

17%

0%


Rekha Chavan is an entrepreneur. She owns a tailoring shop in Beed, Maharashtra. The revenue from this business serves as an income for this family of six. Rekha wishes to expand her business and is seeking credit for the same. Rekha needs to buy a new sewing machine, an electric motor, needles, and threads for her shop. Help Rekha improve her family income by making her dreams come true.

I wish to build a big house for my family.

About Chavan Rekha Nanasaheb's livelihood

Chavan Rekha is a service entrepreneur who works 9 hours a day for 7 days a week. With this loan Chavan Rekha will potentially obtain employment for 409 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

25,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

C

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Navchetana Sarvagin Vikas Kendra

Established in

2008

With Rang De from

2020

Founded by

Manisha Ghule

Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.

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