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Sangita Balaji

Ingale

Service Entrepreneur

Beed, Maharashtra

234 livelihood days

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Sangita Balaji

Ingale

#growth#provider
Enable Sangita to buy a flour machine and a motor for her flour mill.

Service Entrepreneur

Maharashtra

234 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Sangita Balaji

Self-reliance is what defines Sangita differently from rest. She is a woman that was never afraid to stand up against any kind of challenge and she always fought against the odds in order to prove her worth. She has been running a flour mill for over four years. Her old flour machine is not in a good condition now. Through this loan, Sangita will be able to purchase a flour machine and a motor for her flour mill. With this addition, her business is sure to flourish into success and her needs will be met without fail. Support this determined woman's dream of providing a livelihood for her family.

About Sangita Balaji Ingale's livelihood

Sangita Balaji is a service entrepreneur who works 6 hours a day for 6 days a week. With this loan Sangita Balaji will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sangita Balaji Ingale has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

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

Navchetana Sarvagin Vikas Kendra
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS