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Sangita

Devi

Creative Entrepreneur

Gaya, Bihar

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sangita

Devi

#passionate#resilient
Support Sangita to set up a shop for her tailoring unit.

Creative Entrepreneur

Bihar

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Sangita

Sangita Devi owns a small tailoring unit which she runs from her home in Gaya, Bihar. She lives with her family of four and is struggling to meet the household expenses due to the financial stress caused by the pandemic. Now, she seeks credit from Rang De to set up a proper shop for her tailoring unit and purchase raw materials. She hopes to run her business in a better way to attract more customers. Invest in Sangita now!

About Sangita Devi's livelihood

Sangita is a creative entrepreneur who works 7 hours a day for 7 days a week. With this loan Sangita will potentially obtain employment for 318 days.

Interest Rate

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Embroidery

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