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Sarita

Chandan Jayswal

Creative Entrepreneur

Nandurbar, Maharashtra

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sarita

Chandan Jayswal

#Entrepreneurship # Women Empowerment
Sarita wishes to set up her own tailoring store by purchasing additional sewing machines.

Creative Entrepreneur

Maharashtra

364 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Sarita

Sarita works as an embroidery worker at her house. She has been working for the last 12 years for tailors and embroidery workers. To expand, she requires additional sewing machines. She requires a loan to set up her own tailoring shop. She will use this loan amount to purchase sewing machines. Sarita wishes to become a self-reliant woman, and one day fulfil her ambition of owning her own boutique and serving her family better.

About Sarita Chandan Jayswal's livelihood

Sarita is a creative entrepreneur who works 8 hours a day for 7 days a week. With this loan Sarita will potentially obtain employment for 364 days.

Interest Rate

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

10,000

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