Retailpreneur
Alwar, Rajasthan
20,000
has
been disbursed
637 livelihood days Number of days of productive
livelihood activity that this loan will potentially facilitate
Retailpreneur
Alwar, Rajasthan
20,000
has
been disbursed
637 potential days of livelihood Number of days of
productive livelihood activity that this loan will potentially
facilitate
₹ 4,000 is
the current outstanding balance
80%
0%
20%
Santosh Devi is an entrepreneur. She runs a retail outlet in Alwar, Rajasthan. The revenue from this business serves as an income for this family of five. Santosh wishes to expand her business and is seeking credit for the same. Help Santosh improve her family income by making her dreams come true.
I wish to give a good education to my children.
Santosh is a retailpreneur who works 14 hours a day for 7 days a week. With this loan Santosh will potentially obtain employment for 637 days.
Investee
pays The rate of interest charged to the investee
6.00% flat p.a.
10.80% APR
Social
Investor The rate of return an investor makes
2.00%
3.60% APR
Impact
Partner The rate of return an impact partner makes
up to 3.00%
5.40% APR
Platform
charges The charges, the platform incurs by offering it's
services
1.00%
1.80% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
20 months
Moratorium
None
Repayment
mode
EMI Equated Monthly Instalment
Investee
occupation
Retail store
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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