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Sakina Bano

#entrepreneur#passionate
Sakina is looking forward to expanding her apparel store with the credit.

Retailpreneur

Alwar, Rajasthan

30,000 has been disbursed

546 potential days of livelihood i

20,000 is the current outstanding balance

100 0 0 10000 0 0

100%

0%

0%


Sakina Bano is an apparel store owner from Alwar, Rajasthan. She set up her business a year ago and is now looking to expand her business. She intends to use this opportunity to gain stronger market presence, by expanding her collection and to renovate the store to attract more customers. She will use this credit to restock her products and to purchase new furniture for her shop. These are stepping stones to fulfilling her dreams of expanding her business. Invest in Sakina today as she wins for her family.

I wish to be a successful business woman.

About Sakina Bano's livelihood

Sakina is a retailpreneur who works 12 hours a day for 7 days a week. With this loan Sakina will potentially obtain employment for 546 days.

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

Investee
pays i

6.0% flat p.a.

10.8% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 3.0%

5.4% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

30,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel store

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

IBTADA

Established in

1997

With Rang De from

2020

Founded by

Rajesh Singhi

Ibtada, meaning ‘the beginning’, is a not for profit organisation that was started in 1997 to uplift women and girls in the Alwar district of Rajasthan. Rural poverty and deprivation are a major issue grappling the region, and Ibtada has introduced interventions in the space of Education, Financial Inclusion, Livelihood Generation, and Awareness about Rights and Entitlements. Although Ibtada is hand holding women through the process, the ultimate aim is to make them independent and empowered to stand up for themselves. Ibtada has reached over 50,000 households in 400+ villages in Alwar District, Rajasthan.

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