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Rekhabai

Gotusing Girase

Service Entrepreneur

Nandurbar, Maharashtra

273 livelihood days

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Rekhabai

Gotusing Girase

#breadwinner#hardworking
Invest in Rekhabai's retail shop.

Service Entrepreneur

Maharashtra

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Rekhabai

Having observed the challenges women face in the day-to-day affairs, Rekhabai started working as a self-employed vendor. Rekhabai's business is doing well as she has a strong sense of entrepreneurship With the help of this loan, Rekhabai will be able to invest in building a concrete shop, purchase all the necessary raw materials required and generate income to develop her family's financial status.

About Rekhabai Gotusing Girase's livelihood

Rekhabai is a service entrepreneur who works 6 hours a day for 7 days a week. With this loan Rekhabai 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. Rekhabai Gotusing 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

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

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