false
false 0 0 yhQdmaxbPp

Sarita

logoRetailpreneur

logo Alwar, Rajasthan

logo 30,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Sarita

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

logoRetailpreneur

logo Alwar, Rajasthan

logo 30,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

10,500 is
the current outstanding balance

100 0 0 19500 0 0

100%

0%

0%


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!

I wish to develop my business and give better education to my children.

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.

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

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

30,000

Loan
tenure

20 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Ibtada
   view website

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0