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Sarita

Retailpreneur

Alwar, Rajasthan

318 livelihood days

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Sarita

#passionate#hustler
Help Sarita to stock up her store and attract more customers.

Retailpreneur

Rajasthan

318 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Sarita

Sarita is an ambitious entrepreneur from Alwar, Rajasthan where she lives with her family of four and runs the household with the help of the money earned from her retail store. Due to the current pandemic it is hard for her to procure the essential materials and goods for her retail shop on time. She will utilize the loan to purchase cosmetic products, footwear, and kids garments. She hopes that this would bring in more income. Invest in Sarita today!

About Sarita 's livelihood

Sarita is a retailpreneur who works 7 hours a day for 7 days a week. With this loan Sarita 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. Sarita has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

4.00%

7.20% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

20 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

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

Ibtada
   view website
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS